If You Own Liberty Latin America (LILA) Stock, Should You Sell It Now?

Clark Street Value sold its position in Liberty Latin America Ltd. (NASDAQ:LILA) stock. Clark Street Value is an individual investor that is focused on finding value and special situation investments. Liberty Latin America Ltd. (NASDAQ:LILA) is a telecommunications company. In the last one year, Liberty Latin America Ltd. (NASDAQ:LILA) stock lost 38% and on January 6th it had a closing price of $11.78.

Clark Street Value said that it sold its position in Liberty Latin America Ltd. (NASDAQ:LILA) stock in the fourth quarter. The investor added, “I did fully participate in the recent rights offering and the stock responded well after that, but had a sizeable tax loss that just became too valuable for me this year.”

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In Q3 2020, the number of bullish hedge fund positions on Liberty Latin America Ltd. (NASDAQ:LILA) stock increased by about 13% from the previous quarter (see the chart here), so a number of other hedge fund managers believe in LILA’s growth potential. Our calculations showed that Liberty Latin America Ltd. (NASDAQ:LILA) isn’t ranked among the 30 most popular stocks among hedge funds.

The top 10 stocks among hedge funds returned 216% since the end of 2014 and outperformed the S&P 500 Index ETFs by more than 121 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.

Video: Top 5 Stocks Among Hedge Funds

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