‘Facebook (FB) Inc. is at A Bargain Price’ Says Oakmark Funds

Oakmark Funds, a global asset management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be seen here. A return of 24.44% was recorded by the fund for the Q4 of 2020, above its MSCI World benchmark that returned 13.96%. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021.

Oakmark Funds, in their Q4 2020 Investor Letter said that Facebook, Inc. (NASDAQ: FB), as a high growth, strong cash generator company, given its lower P/E...