River Oaks Capital, an investment management company, released its fourth-quarter investor letter. A copy of the letter can be downloaded here. For the one year period, the fund returned 23.9% compared to the Russell 2000 TR’s 11.5% return and the Russell Microcap TR’s 13.7% return. In addition, please check the fund’s top five holdings to know its best picks in 2024.
In its fourth quarter 2024 investor letter, River Oaks Capital emphasized stocks such as FitLife Brands, Inc. (NASDAQ:FTLF). FitLife Brands, Inc. (NASDAQ:FTLF) is a nutritional supplements provider. The one-month return of FitLife Brands, Inc. (NASDAQ:FTLF) was -4.33%, and its shares gained 36.36% of their value over the last 52 weeks. On February 20, 2025, FitLife Brands, Inc. (NASDAQ:FTLF) stock closed at $15.15 per share with a market capitalization of $139.535 million.
River Oaks Capital stated the following regarding FitLife Brands, Inc. (NASDAQ:FTLF) in its Q4 2024 investor letter:
“FitLife Brands, Inc. (NASDAQ:FTLF) develops and markets nutritional supplements – protein powders, pre-workout, amino acids, weight loss products, fish oils etc. – under 13 different brand names. It is our nineth largest position in the fund and now has a market cap of $150m.
At the beginning of this letter, I mentioned what an outstanding, rational capital allocator Dayton Judd has been for us since we bought ownership in Fitlife over three years ago.
I recently caught up with Dayton and as usual I leave our conversation even more optimistic on Fitlife. As a quick reminder, when Dayton took over Fitlife in 2018 it was on the verge of bankruptcy and losing money. It now has over $60m of revenue and $10-12+m of free cash flow Dayton started this remarkable journey by first turning around the legacy Fitlife brands– NDS, iSatori, PMD, etc. – and has since made two significant acquisitions…” (Click here to read the full text)
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FitLife Brands, Inc. (NASDAQ:FTLF) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 3 hedge fund portfolios held FitLife Brands, Inc. (NASDAQ:FTLF) at the end of the fourth quarter which was 2 in the previous quarter. While we acknowledge the potential of FitLife Brands, Inc. (NASDAQ:FTLF) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
In another article we discussed FitLife Brands, Inc. (NASDAQ:FTLF) and shared Smoak Capital Management’s views on the company. In addition, please check out our hedge fund investor letters Q4 2024 page for more investor letters from hedge funds and other leading investors.
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Disclosure: None. This article is originally published at Insider Monkey.