Should You Expect Earnings Growth for Cullen/Frost Bankers (CFR)?

Madison Investments, an investment advisor, released its “Madison Mid Cap Fund” first-quarter 2024 investor letter. A copy of the same can be downloaded here. In the first quarter, the fund (Class Y) returned 9.63% compared to an 8.60% return for the Russell Midcap Index. In addition, please check the fund’s top five holdings to know its best picks in 2024.

Madison Mid Cap Fund featured stocks like Cullen/Frost Bankers, Inc. (NYSE:CFR) in the first quarter 2023 investor letter....