Transaction log

Victory Capital Holdings

Location: San Antonio, Texas

 

Profile

Industry: Asset management

Sector: Financial services

Theme: Active investing comeback

5-Year shareholder growth: +18.6%/year

Estimated fair value: $83

Valuation assumption: 6.0% MFCF yield

Estimated fair value history

  • Dec-24 - $78 (6.0% MFCF yield)

  • Mar-24 - $83 (6.0% MFCF yield)

History
Buying 8 new stocks with a growth emphasis
Buying 8 new stocks with a growth emphasis

Negatives: recession on the way, big tech stocks still not cheap. Positives: bearish sentiment, lots of selling pressure below the surface. How these countervailing forces resolve themselves is an open question, but many high quality growth stocks are reasonably priced. [trades]