Watsco (WSO): Temporary Industry Lull Overshadows Digitization Advantage
Heartland Advisors, an investment management company, released its third-quarter 2026 investor letter for “Heartland Mid Cap Value Fund”. The letter can be downloaded here. Q3 proved challenging for markets as AI trade momentum faltered amid interest-rate and oil-price volatility. Following double-digit Q2 gains, the Russell Midcap Index fell 1.98%, trailing the S&P 500’s 2.30% gain. Despite […]
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