Here’s Why Cedar Creek Partners Re-established its Position in Evercel (EVRC)

Cedar Creek Partners, an investment management company, released its fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. In 2024, a few significant tech stocks and the NASDAQ remained at the top of the stock markets. The NASDAQ saw a gain of 28.6% for the year, while the S&P 500 (SPY) increased by 24.9%. Other monitored indices also delivered double-digit returns, with Cedar Creek achieving a 5.2% rise for the year, after accounting for fees and expenses. In addition, you can check the fund’s top 5 holdings to find out its best picks for 2024.

In its fourth...