Published on 15 Oct 2021 on Insider Monkey via Yahoo Finance
10 European Stocks to Buy According to Tom Russo’s Hedge Fund
In this article, we discuss the 10 European stocks to buy according to Tom Russo’s hedge fund. If you want to skip our detailed analysis of Russo’s history, investment philosophy, and hedge fund performance, go directly to the 5 European Stocks to Buy According to Tom Russo's Hedge Fund.
Tom Russo started his career at Gardner Russo & Gardner LLC in 1989 as a partner, and in 2014, he became the managing member of the hedge fund. He is also the partner and manager at Semper Vic Partners, which is a private hedge fund owned by Garner Russo & Gardner LLC, where he manages a portfolio with a gross asset value over $2.3 billion.
Russo’s hedge fund manages $11.8 billion in 13F securities as of the second quarter. His investment philosophy stresses upon return on capital, and he generally prefers equity investments. Russo looks for businesses that have good cash flows, strong balance sheets, and a demonstrated history of generating high rates of returns on fixed and current assets. He hunts for companies with his preferred financial statistics at bargain prices.