Published on 21 Feb 2024 on Insider Monkey via Yahoo Finance
River Oak Capital Thinks Nicholas Financial (NICK) as “Heads I Win, Tails I Don’t Lose Much”...
Investment management company River Oak Capital recently released its second-half 2023 investor letter. A copy of the same can be downloaded here. In 2023, the fund returned 8.3% compared to 26.3% for the S&P 500, 16.9% for the Russell 2000, and 9.3% for the Russell Microcap Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.
River Oak Capital featured stocks such as Nicholas Financial, Inc. (NASDAQ:NICK) in the fourth quarter 2023 investor letter. Headquartered in Clearwater, Florida, Nicholas Financial, Inc. (NASDAQ:NICK) is a consumer finance company. On February 16, 2024, Nicholas Financial, Inc. (NASDAQ:NICK) stock closed at $6.94 per share. One-month return of Nicholas Financial, Inc. (NASDAQ:NICK) was 0.43%, and its shares gained 4.20% of their value over the last 52 weeks. Nicholas Financial, Inc. (NASDAQ:NICK) has a market capitalization of $50.586 million.
River Oak Capital stated the following regarding Nicholas Financial, Inc. (NASDAQ:NICK) in its fourth quarter 2023 investor letter: