Is The Ensign Group (ENSG) a Recession Proof Stock?

Wasatch Global Investors, an asset management company, released its “Wasatch Small Cap Value Strategy” third-quarter 2022 investor letter. A copy of the same can be downloaded here. The strategy underperformed its benchmark index, the Russell 2000 Value Index, which fell -4.61% in the third quarter. The strategy typically performed well in down markets, but it was not the case in the third quarter. In particular, the strategy’s holdings in the real estate sector detracted from the...