FVRR - 2 No-Brainer Growth Stocks That Smart Investors Are Buying Hand Over Fist
Professional money managers can be a great source of inspiration, particularly those that outperform the market. For instance, the S&P 500 rose 68% between Q1 2019 and Q1 2022. But over the same period, Karthik Sarma of SRS Investment Management saw his hedge fund climb 194%, and Alex Sacerdote of Whale Rock Capital Management generated a return of 132%.
Both money managers are clearly doing something right, and investors in search of stock ideas may want to check in on their portfolios from time to time. With that in mind, here are two no-brainer growth stocks Sarma and Sacerdote bought recently.
Sarma started buying Fiverr International (NYSE: FVRR) in the third quarter of 2020, and he has added to the position several times since, including in the first quarter of 2022. As of March 31, the stock was the 10th largest holding in his hedge fund, and it represented about 2% of the portfolio.
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2 No-Brainer Growth Stocks That Smart Investors Are Buying Hand Over Fist