Meridian Funds, managed by ArrowMark Partners, released its “Meridian Growth Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the fund ...
In high finance, the key ratio used to measure how well a company converts reported profits into free cash flow (FCF) is the accrual ratio (from cashflow). In plain english, this ratio subtracts FCF ...
CarGurus is undervalued at 8x forward EBITDA, offering growth at a reasonable price. Q2 results showed accelerating revenue growth, margin expansion, and strong guidance, despite the stock's ...