Published on 21 Oct 2023 on Insider Monkey · via Yahoo Finance
Should You Invest in Haleon plc (HLN)?
Harding Loevner, an asset management company, released its “Global Equity Strategy” second-quarter 2023 investor letter. A copy of the same can be downloaded here. In the second quarter, the strategy returned 8.02% net of fees compared to a 6.35% return for the MSCI All Country World Index and 7% for the MSCI World Index. Slowing inflation and a surge in optimism about the potential of AI boosted global equity markets. In addition, please check the fund’s top five holdings to know its best picks in 2023.
Harding Loevner Global Equity Strategy highlighted stocks like Haleon plc (NYSE:HLN) in the second quarter 2023 investor letter. Headquartered in Weybridge, the United Kingdom, Haleon plc (NYSE:HLN) engages in the research, development, and manufacturing of personal healthcare products. On September 21, 2023, Haleon plc (NYSE:HLN) stock closed at $8.31 per share. One-month return of Haleon plc (NYSE:HLN) was 0.61%, and its shares gained 40.13% of their value over the last 52 weeks. Haleon plc (NYSE:HLN) has a market capitalization of $38.37 billion.