Momentum-Juul @Momentum-Juul: "𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 – 𝗴𝗿𝗲𝗮𝘁 𝗺𝗼𝗻𝘁𝗵 𝗳𝗼𝗿..."

Norway

𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 – 𝗴𝗿𝗲𝗮𝘁 𝗺𝗼𝗻𝘁𝗵 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 We have had an amazing month for the portfolio. The portfolio delivered an 8.72% return in November, significantly outperforming the benchmark index (S&P 500), which returned 5,73%. The portfolio saw broad-based growth, with 40% of the portfolio’s companies gaining more than 10%. $HCKT (The Hackett Group Inc) was the portfolio's clear winner with a 29% increase. The consulting firm delivered impressive third-quarter results, surpassing its prior expectations. Looking ahead, Hackett Group plans to enhance its GenAI initiatives by increasing implementation resources twofold and anticipates larger IT budgets for AI projects in 2025. Backed by solid operational cash flow, the company has sped up its stock buyback program and declared a quarterly dividend. Healthcare dragged down the performance, with $COLL (Collegium Pharmaceutical Inc) and $MOH (Molina Healthcare Inc) dropping by 11% and 7%, respectively. Molina declined despite a strong quarterly report in October. Molina Healthcare delivered great financial results and the company beat konsensus estimates, driven by solid revenue growth and particularly strong performance in its Marketplace segment. The index is now trying to establish itself above 6 000, which is a sign of strength. However, with signs of a negative divergence on the daily RSI chart, this may indicate a slight correction, or at least suggest that it could take some time before the 6 000 break is truly confirmed. Have a wonderful lead-up to Christmas!

3 Mentioned

HCKT

The Hackett Group Inc

COLL

Collegium Pharmaceutical Inc

MOH

Molina Healthcare Inc

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