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Stock impact report

Artisan International Explorer Fund Q1 2024 Commentary [Seeking Alpha]

Despegar.com, Corp. Ordinary Shares (DESP) 
Last despegar.com, corp. ordinary shares earnings: 3/5 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.despegar.com
Company Research Source: Seeking Alpha
We outperformed our benchmark by about 225bps this quarter. Our top two contributors in Q1 were Despegar.com and Hensoldt. Our bottom two detractors in Q1 were Medmix and IQE. Is There Wealth Creation Outside of the US? It appears the Magnificent Seven has supplanted FAANG stocks as the poster child for investing in US equities. Investors can be forgiven for increasingly ignoring international markets given the continuing outperformance of the US market. Just when the US market seemed to be running out of steam due to valuation concerns at multiple junctures in recent years, it again surged ahead of the international market. As an international investor, one's typical argument for allocating money in overseas markets runs as follows: US stock valuations cannot grow to the sky; their outperformance, as impressive as it has been, has to stop at some point; we cannot predict when, but it's prudent for an asset allocator to shift toward, rather than away from, international mar Show less Read more
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