Published on 20 May 2024 on Insider Monkey via Yahoo Finance
Should You Hold CoreCard Corporation (CCRD)?
Long Cast Advisers, an investment management firm, released its first quarter 2024 investor letter. A copy of the letter can be downloaded here. Long Cast Advisers follows fundamental analysis to evaluate the companies and invest in small companies barely included in any indexes. In the first quarter, the cumulative net returns of the fund improved by 9%. The fund returned a cumulative 188% net of fees, or 13% CAGR since inception in November 2015 through quarter end 1Q24. Please check the top 5 holdings of the fund for a better understanding of their best picks for 2024.
Long Cast Advisers featured stocks like CoreCard Corporation (NYSE:CCRD) in the first quarter 2024 investor letter. Headquartered in Norcross, Georgia, CoreCard Corporation (NYSE:CCRD) provides technology solutions and processing services to the financial technology and services industry. On May 17, 2024, CoreCard Corporation (NYSE:CCRD) stock closed at $13.97 per share. One-month return of CoreCard Corporation (NYSE:CCRD) was 14.58%, and its shares lost 45.96% of their value over the last 52 weeks. CoreCard Corporation (NYSE:CCRD) has a market capitalization of $113.679 million.