Should You Consider Investing in Magnolia Oil and Gas Corp. (MGY)?

ClearBridge Investments, an investment management firm, published its “Small Cap Strategy” third quarter 2021 investor letter – a copy of which can be downloaded here. The ClearBridge Small Cap Strategy underperformed the Russell 2000 Index, the Strategy’s benchmark, during the third quarter. On an absolute basis, the Strategy posted losses in nine of 11 sectors in which it was invested for the quarter. The primary contributor to the Strategy’s performance was the IT sector. The...