Here’s What Makes Tucows (TCX) a Great Investment Choice

TGV Partners Fund, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be downloaded here.  The share price of the Teilgesellschaftsvermégen (TGV) Partners Fund was EUR 265.40 on December 30, 2021. The change in the value for 2021, including all costs, was + 38.21 %.1 The DAX achieved a performance of + 15.79 % in the same period. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.

TGV Partners Fund, in its Q4 2021 investor letter, mentioned Tucows Inc. (NYSE: TCX) and discussed its stance on the firm. Tucows Inc. is a Toronto, Canada-based internet services and telecommunications company with an $855.4 million market capitalization. TCX delivered a -4.62% return since the beginning of the year, while its 12-month returns are up by 4.17%. The stock closed at $79.95 per share on January 19, 2022.

Here is what TGV Partners Fund has to say about Tucows Inc. in its Q4 2021 investor letter:

“Tucows significantly expanded its customer base in the promising fibre optic business. Even if the fibre optic expansion speed is lower than | had hoped, Tucows has announced that it will significantly accelerate the further expansion this year. Should the announced plans be put into practice, it would likely be excellent, and in terms of its size, a very significant investment for the company. At the same time, the original domain registration business remains stable, and it seems that the business established as a “Mobile Service Enabler” through the partnership with DISH is developing a little better than I originally expected.”

Photo by Mika Baumeister on Unsplash

Our calculations show that Tucows Inc. (NYSE: TCX) failed to obtain a mark on our list of the 30 Most Popular Stocks Among Hedge Funds. TCX was in 7 hedge fund portfolios at the end of the third quarter of 2021, compared to 8 funds in the previous quarter. Tucows Inc. (NYSE: TCX) delivered a -2.48% return in the past 3 months.

You can find other letters from hedge funds and prominent investors on our hedge fund investor letters 2021 Q4 page.

Disclosure: None. This article is originally published at Insider Monkey.