What Makes MGP Ingredients (MGPI) an Attractive Investment Opportunity?

SouthernSun Asset Management, LLC, an investment management firm, released its “SouthernSun SMID Cap Strategy” second quarter 2023 investor letter. A copy of the same can be downloaded here. In the second quarter, the strategy returned 11.26% on a gross basis (11.04% net) compared to a 5.22% return for the Russell 2500 Index and 4.37% for the Russell 2500 Value Index. Since its inception, the strategy has continued to outperform both indexes on an annualized gross and net basis. The...