Should You Invest in e.l.f. Beauty (ELF)?

Shelton Capital Management, an investment management company, released its “Shelton Sustainable Equity Fund” second quarter 2024 investor letter. A copy of the letter can be downloaded here. In the second quarter, the portfolio returned -3.22% compared to the MSCI ACWI’s 2.44% return. Overall, the distribution across sectors considerably impacted growth in the information technology and utilities sectors. In contrast, the industrials, materials, and consumer staples sectors showed the...