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Veteran fund manager goes shopping, buys 5 stocks after big drops


Published on 2025-03-16 13:21:01 - TheStreet
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Veteran fund manager David Barr of PenderFund Capital Management has recently capitalized on significant market dips by purchasing five stocks at what he believes are bargain prices. Barr, who manages the Pender Small Cap Opportunities Fund, has a history of investing in undervalued companies with strong fundamentals. The stocks he bought include Cargojet, a Canadian cargo airline; Bausch + Lomb, an eye health company; and three other unspecified companies. His strategy focuses on long-term value, betting that these companies will rebound and deliver substantial returns once market conditions improve. Barr's approach underscores his belief in the potential of small-cap stocks to outperform when they are undervalued, especially during times of economic uncertainty.

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[ https://www.msn.com/en-ca/money/savingandinvesting/veteran-fund-manager-goes-shopping-buys-5-stocks-after-big-drops/ar-AA1B1kIV ]