Published on 24 Nov 2022 on Insider Monkey via Yahoo Finance
In this article, we discuss the 10 stocks Peter Avellone's Cartenna Capital had bought in the third quarter of last year and evaluate their performance over the past 12 months. You can skip this part and go directly to Was Peter Avellone's Cartenna Capital Right About These 5 Stocks?
We prepared the actual contents of this article in January 2022, when we analyzed the Q3 portfolio of Peter Avellone's Cartenna Capital to discuss the top 10 new stock picks of the hedge fund at that time. We are publishing this article today because it’s always interesting for the readers to analyze how good the so-called “smart money” is when it comes to stock picking. When we look at the stock picks/sells of hedge funds in hindsight, we can better analyze their performance and see whether they were right or wrong.
In this article you will see the top 10 stocks Peter Avellone's Cartenna Capital initiated new stakes in during the third quarter of 2021.