Mohawk Industries (MHK) Rose following Solid Earnings Results

Ariel Investments, an investment management company, released its “Ariel Focus Fund” fourth-quarter 2023 investor letter. A copy of the same can be downloaded here.  In the fourth quarter, the fund increased +11.05% compared to +9.50% and +11.69% returns for the Russell 1000 Value Index and the S&P 500 Index, respectively. The fund increased by +6.97 over the trailing one-year underperforming both indexes’ +11.46% and +26.29% returns. In addition, you can check the top 5 holdings of...