Weitz Investment Large Cap Equity Fund recently made a move by adding IDEX Corporation (IEX) to its portfolio. The decision was made as IEX was trading at a discount compared to business value estimates. This strategic move by Weitz Investment indicates their confidence in the potential growth and value of IDEX Corporation.
DailyBubble views this decision as a smart move by Weitz Investment, as it shows their keen eye for undervalued assets. By adding IEX to their portfolio, Weitz Investment is positioning themselves to potentially benefit from the future growth of IDEX Corporation. This move aligns with DailyBubble’s investment philosophy of seeking out opportunities where there is potential for long-term value appreciation.
Overall, the addition of IDEX Corporation to Weitz Investment’s portfolio is a promising development that could yield positive returns in the future. DailyBubble encourages investors to keep an eye on IEX as it continues to trade at a discount to its business value estimates.