Published on 21 Jan 2022 on Insider Monkey via Yahoo Finance
Claret Asset Management, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be downloaded here. In its fourth-quarter letter, the fund talked about the 11 plus one “Interesting” or “Surprising” things about 2021, and described the past year as "another amazing year that few would have predicted and surprised everyone far more positively than expected". Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.
Claret Asset Management, in its Q4 2021 investor letter, mentioned Tesla, Inc. (NASDAQ: TSLA) and discussed its stance on the firm. Tesla, Inc. is a Palo Alto, California-based vehicle manufacturing company with a $1.0 trillion market capitalization. TSLA delivered a -5.73% return since the beginning of the year, while its 12-month returns are up by 17.90%. The stock closed at $996.27 per share on January 20, 2022.
Here is what Claret Asset Management has to say about Tesla, Inc. in its Q4 2021 investor letter: