Weitz Investment Large Cap Equity Fund Added IDEX Corporation (IEX) As It Trades at a Discount To The Business Value Estimates – Yahoo Finance

Weitz Investment Large Cap Equity Fund recently made a strategic move by adding IDEX Corporation (IEX) to its portfolio. The decision was influenced by the fact that IEX is currently trading at a discount to its estimated business value. This move indicates Weitz Investment’s confidence in the long-term potential of IEX as an investment opportunity.

DailyBubble sees this as a smart move by Weitz Investment, as investing in companies that are trading below their intrinsic value can lead to significant gains in the future. By adding IEX to its portfolio, Weitz Investment is positioning itself to benefit from any potential upside in the stock price as the market recognizes the true value of the company.

Overall, this decision reflects Weitz Investment’s commitment to thorough research and analysis in identifying undervalued investment opportunities. DailyBubble believes that investors can learn from this approach and consider adding undervalued stocks like IEX to their own portfolios for potential long-term growth.