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This Small-Cap Fund Loves Planet Fitness Stock: (QUASX)
FYI: The secret to investing in small-cap stocks isn’t just knowing how to spot winning ideas. It’s also knowing when to let them go.
As a reminder, Samantha Lau has some rules to that effect scribbled on a whiteboard in her office in Midtown Manhattan. “Rule No. 1 is never sell half of your position,” says Lau, co-manager of the $1.9 billion AB Small Cap Growth Portfolio (ticker: QUASX) and co-chief investment officer of small and medium growth strategies at AllianceBernstein. “If you think something is wrong, exit and revisit.” Regards, Ted https://www.barrons.com/articles/an-alliancebernstein-fund-loves-planet-fitness-stock-51553012397?mod=hp_DAY_1
