Published on 1 Jun 2023 on Insider Monkey via Yahoo Finance
Should You Hold Gladstone Land Corporation (LAND) Considering the Challenges?
Horizon Kinetics LLC, an investment management company, released its first quarter 2023 investor letter. A copy of the same can be downloaded here. The letter discussed certain business models that can be valuable long-term components of a portfolio. You can check the fund’s top 5 holdings to know more about its best picks for 2023.
Horizon Kinetics highlighted stocks like Gladstone Land Corporation (NASDAQ:LAND) in the first quarter 2023 investor letter. Gladstone Land Corporation (NASDAQ:LAND) is a real estate investment trust that owns and operates farmland and farm-related properties. On May 31, 2023, Gladstone Land Corporation (NASDAQ:LAND) stock closed at $15.81 per share. One-month return of Gladstone Land Corporation (NASDAQ:LAND) was 2.53%, and its shares lost 40.99% of their value over the last 52 weeks. Gladstone Land Corporation (NASDAQ:LAND) has a market capitalization of $567.876 million.
Horizon Kinetics made the following comment about Gladstone Land Corporation (NASDAQ:LAND) in its Q1 2023 investor letter: