Should You Add PowerSchool Holdings (PWSC) Now?

Wasatch Global Investors, an investment management firm, released its “Wasatch Core Growth Fund” third quarter 2023 investor letter. The same can be downloaded here. In the third quarter, the fund’s Investor Class declined -1.76% but outperformed the benchmark Russell 2000 Growth Index, which fell -7.32%, while the broader Russell 2000 Index lost -5.13%. From a quality standpoint, on average, the stocks of companies with higher return on equity (ROE) outperformed those with lower ROE....