Venkatesh
Thu, May 1, 2025, 11:25 AM 6 min read
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We recently published an article titled Charles Akre's and John Neff's 10 Stock Picks with Huge Upside Potential. In this article, we are going to take a look at where CoStar Group, Inc. (NASDAQ:CSGP) stands against the other stocks with huge upside potential according to Charles Akre and John Neff.
The current market environment of the U.S. has volatility as its new norm, and prudent investors are seeking refuge in the guidance of seasoned experts. Among these experts is Charles Akre, the founder of Akre Capital Management. Charles Akre has curated a list of stocks poised for notable appreciation using his disciplined investment approach. He stepped away from PM role in 2020, however, even today Akre Capital's 9 of the top 10 stock holdings were initiated before 2020. Only one of the top 10 stocks was picked by John Neff who is in charge of portfolio management at Akre Capital. Today, we will be looking at 10 of the stocks picked by Charles Akre and John Neff, but we will also take a look at their upside potential. Before we dive into our picks, it is necessary to understand the market context that makes these stocks more attractive.
READ ALSO: 10 Dividend Paying Stocks Insiders Are Buying and 20 Takeover Rumors Hedge Funds Are Buying.
The performance of the market indices in the recent week suggests renewed investor confidence in equities. As per a report by the Wall Street Journal, this performance reflects optimism despite the economic data releases and corporate earnings reports showing adverse growth. Such market movements stress the significance of adopting a strategy when selecting a stock. The most often used and favored strategy involves letting yourself be guided by experienced investors like Akre.
The forefront of this resurgence is that many growth stocks, including small caps, have outperformed their value counterparts in 2023. It does not undermine the value equities but projects the current preferences of the market for companies with significant growth prospects. Akre Capital’s selections are in a perfect position to capitalize on this growing trend.
Investors must understand that such outperformance is not just a short-term phenomenon, as historical data indicate that growth stocks have been consistent deliverers of massive returns over a longer period. From 2009 onward, growth stocks have dominated many investors’ portfolios, except for a short period in 2022 when interest rate hikes affected their performance. According to CNBC, this long-term trend adds value to the investment strategy of focusing on growth.
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