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download here. The fund posted a return of 29.5% for the quarter (net of fees), outperforming their benchmark, the S&P 500 Index which returned 20.5% in the same quarter. You should check out Laughing Water Capital’s top 5 stock picks for investors to buy right now, which could be the biggest winners of the stock market crash.” data-reactid=”12″>Laughing Water Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 29.5% for the quarter (net of fees), outperforming their benchmark, the S&P 500 Index which returned 20.5% in the same quarter. You should check out Laughing Water Capital’s top 5 stock picks for investors to buy right now, which could be the biggest winners of the stock market crash.
PAR) is one of them. Par Technology Corp (NYSE:PAR) is a provider of systems and service solutions for the hospitality industry. Year-to-date, Par Technology Corp (NYSE:PAR) stock gained 13.5% and on August 18th it had a closing price of $34.88. Here is what Laughing Water Capital said:” data-reactid=”13″>In the said letter, Laughing Water Capital highlighted a few stocks and Par Technology Corp (NYSE:PAR) is one of them. Par Technology Corp (NYSE:PAR) is a provider of systems and service solutions for the hospitality industry. Year-to-date, Par Technology Corp (NYSE:PAR) stock gained 13.5% and on August 18th it had a closing price of $34.88. Here is what Laughing Water Capital said:
“PAR Technology Corp. (PAR) – PAR was introduced in our YE’19 letter. As stated previously, there are a few moving parts here, but the bulk of the value is in the company’s cloud-based Point of Sale (POS) system, which to date primarily serves fast casual and quick serve restaurants. While overall COVID has been disastrous for restaurants, it seems likely that independents will be the big losers, while larger, more established chain brands will take market share going forward, which benefits PAR. Importantly, fast casual and quick serve are recession resilient as consumers tend to trade down during difficult times. Further, operating through COVID has highlighted the value that PAR’s offering brings to the table as restaurants have been forced to adjust their operating model on the fly, which is not possible, or is at least much more difficult, if one is using an antiquated POS system. Additionally, CEO Savneet Singh has made it clear that he plans to increase ARPU by expanding functionality, which is likely to include M&A. Given the company’s strong balance sheet and the broadly stressed environment, it seems likely that M&A plans will be accelerated as less mature industry participants are ill equipped to survive this difficult period.”
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published an article revealing that Greenhaven Road Capital is bullish about Par Technology Corp (NYSE:PAR) stock. The investment firm believes that the company would emerge stronger from the coronavirus pandemic.” data-reactid=”28″>Last month, we published an article revealing that Greenhaven Road Capital is bullish about Par Technology Corp (NYSE:PAR) stock. The investment firm believes that the company would emerge stronger from the coronavirus pandemic.
PAR) stock decreased by about 33% from the previous quarter (see the chart here), so a number of other hedge fund managers don’t seem to agree with Par Technology’s growth potential. Our calculations showed that Par Technology Corp (NYSE:PAR) isn’t ranked among the 30 most popular stocks among hedge funds.” data-reactid=”29″>In Q1 2020, the number of bullish hedge fund positions on Par Technology Corp (NYSE:PAR) stock decreased by about 33% from the previous quarter (see the chart here), so a number of other hedge fund managers don’t seem to agree with Par Technology’s growth potential. Our calculations showed that Par Technology Corp (NYSE:PAR) isn’t ranked among the 30 most popular stocks among hedge funds.
The top 10 stocks among hedge funds returned 185% since the end of 2014 and outperformed the S&P 500 Index ETFs by more than 109 percentage points. We know it sounds unbelievable. You have been dismissing our articles about top hedge fund stocks mostly because you were fed biased information by other media outlets about hedge funds’ poor performance. You could have doubled the size of your nest egg by investing in the top hedge fund stocks instead of dumb S&P 500 ETFs. Below you can watch our video about the top 5 hedge fund stocks right now. All of these stocks had positive returns in 2020.
under-the-radar stock. We go through lists like the 10 most profitable companies in America to pick the best large-cap stocks to buy. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. If you want to find out the best healthcare stock to buy right now, you can watch our latest hedge fund manager interview here. You can subscribe to our free enewsletter below to receive our stories in your inbox:” data-reactid=”33″>At Insider Monkey we scour multiple sources to uncover the next great investment idea. Cannabis stocks are roaring back in 2020, so we are checking out this under-the-radar stock. We go through lists like the 10 most profitable companies in America to pick the best large-cap stocks to buy. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. If you want to find out the best healthcare stock to buy right now, you can watch our latest hedge fund manager interview here. You can subscribe to our free enewsletter below to receive our stories in your inbox:
Insider Monkey.” data-reactid=”35″>Disclosure: None. This article is originally published at Insider Monkey.
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