Here’s Why You Should Consider Investing in FTI Consulting (FCN)

Upslope Capital Management, an investment management firm, published its first-quarter 2022 investor letter – a copy of which can be downloaded here. A quarterly portfolio net return of -0.3% was recorded by the fund for the first quarter of 2022, compared to the S&P Midcap 400 ETF and the HFRX Equity Hedge Index that delivered -5.0% and -0.3% gains for the same period. Try to spend some time taking a look at the fund’s top 5 holdings to be informed about their best picks for 2022.

In its Q1 2022 investor letter, Upslope Capital mentioned FTI Consulting, Inc. (NYSE:FCN) and explained its insights for the company. Founded in 1982, FTI Consulting, Inc. (NYSE:FCN)  is a Washington, D.C.-based management consulting company with a $5.5 billion market capitalization. FTI Consulting, Inc. (NYSE:FCN)  delivered a 5.11% return since the beginning of the year, while its 12-month returns are up by 14.02%. The stock closed at $161.26 per share on April 25, 2022.

Here is what Upslope Capital has to say about FTI Consulting, Inc. (NYSE:FCN) in its Q1 2022 investor letter:

FTI Consulting (NYSE:FCN): Boutique consulting and advisory firm, with leading expertise in restructuring, dispute advisory, and other practices. Should ultimately benefit from elevated deal flow in wake of longer- term pandemic effects, reopening, rising rates and long-term effects of SPAC boom/bust.”

Our calculations show that FTI Consulting, Inc. (NYSE:FCN) fell short and didn’t make it on our list of the 30 Most Popular Stocks Among Hedge Funds. FTI Consulting, Inc. (NYSE:FCN) was in 20 hedge fund portfolios at the end of the fourth quarter of 2021, compared to 22 funds in the previous quarter. FTI Consulting, Inc. (NYSE:FCN) delivered a 5.72% return in the past 3 months.

In April 2021, we also shared another hedge fund’s views on FTI Consulting, Inc. (NYSE:FCN) in another article. You can find other investor letters from hedge funds and prominent investors on our hedge fund investor letters 2022 Q1 page.

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