Bernzott Capital Advisors recently released its Q3 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 8.61% (net) for the quarter, outperforming its benchmark, the Russell 2000 Value Index which returned 2.56% in the same quarter. You should check out Bernzott Capital Advisors top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021.
In the Q3 2020 Investor Letter, Bernzott Capital Advisors highlighted a few stocks and WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) is one of them. WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) is a provider of modular space and portable storage solutions. Year-to-date, WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) stock gained 19.6% and on December 11th it had a closing price of $22.12. Here is what Bernzott Capital Advisors said:
“WillScot Mobile Mini (WSC): The merger of WillScot and Mobile Mini was completed on July 1, 2020. These two companies’ business models are both based on strong recurring revenues from long duration leases and similar asset characteristics, such as long lives, low maintenance, high margin, short payback periods and strong cash flow generation. By combining the fleets, totaling over 365,000 units, the offering becomes more strategic and valuable to customers, and the diversity of the portfolio improves. The free cash flow generated by the firm will be used to rapidly deleverage into 3 to 3.5x territory by the end of 2021, continued organic growth while achieving the synergies associated with the merger as well as share repurchases.”
In Q2 2020, the number of bullish hedge fund positions on WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) stock increased by about 11% from the previous quarter (see the chart here), so a number of other hedge fund managers believe in WSC’s growth potential. Our calculations showed that WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) 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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