McLain Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -15.4% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. However, you should check out McLain Capital’s top 5 stock picks for investors to buy right now, which could be the biggest winners of the stock market crash.
In the said letter, McLain Capital highlighted a few stocks and ZoomInfo Technologies Inc. (NASDAQ:ZI) is one of them. ZoomInfo Technologies Inc. (NASDAQ:ZI) provides marketing solutions. ZoomInfo Technologies Inc. (NASDAQ:ZI) stock lost 18.6% in the trailing one month period and on July 28th it had a closing price of $41.56. Here is what McLain Capital said:
“ZoomInfo Technologies (ZI) : Completely unrelated to Zoom Video, ZoomInfo is a “B2B” database platform for sales & marketing professionals that recently IPO’d on June 4th at $21/share at a vaulation of $8bln on 2019 results of $293mm in revenue & $50mm in EBITDA. The stock has more than doubled in price and now trades $45/share and an enterprise value of of $20bln, 400x 2019 EBITDA.”
The top 10 stocks among hedge funds returned 185% since the end of 2014 and outperformed the S&P 500 Index ETFs by more than 109 percentage points. We know it sounds unbelievable. You have been dismissing our articles about top hedge fund stocks mostly because you were fed biased information by other media outlets about hedge funds’ poor performance. You could have doubled the size of your nest egg by investing in the top hedge fund stocks instead of dumb S&P 500 ETFs. Below you can watch our video about the top 5 hedge fund stocks right now. All of these stocks had positive returns in 2020.
Video: Top 5 Stocks Among Hedge Funds
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Disclosure: None. This article is originally published at Insider Monkey.