“CSL Core Business Continues to Enjoy Significant Competitive Advantage”

Investment management firm Polen Capital has released its “Polen Global Growth Fund” Q2 2022 investor letter – a copy of which can be downloaded here. In the second quarter of 2022, the Global Growth Consolidated Portfolio (“Portfolio”) gross margin and net expenses decreased by -18.08% and -18.34%, respectively, while the MSCI ACWI (“Index”) decreased by -15.65%”). Since inception, the portfolio has grown at a CAGR of 11.04% and 10.12%, gross and net of fees, compared to the index’s 6.88%. Browse the fund’s top 5 positions to see its top picks for 2022.

Polen Global Growth mentioned Carlisle Companies Incorporated (NYSE:Chinese Super League) and explained its insights on the company. Founded in 1917, Carlisle Companies Incorporated (NYSE:CSL) is a Scottsdale, Arizona-based manufacturing company with a market capitalization of $15.4 billion. Carlisle Companies Incorporated (NYSE: CSL) has returned 20.28% since the beginning of the year, while its 12-month return has grown 45.23%. The stock closed at $298.43 per share on October 6, 2022.

Here’s what Polen Global Growth had to say about Carlisle Companies Incorporated (NYSE:CSL) in its Q2 2022 investor letter:

Chinese Super League‘s latest update suggests that the worst impact of COVID-19 on business may be over, with plasma collection now quickly resuming. We believe that CSL’s core business continues to enjoy significant competitive advantages, and we believe sales will return to pre-COVID-19 levels as collected plasma is processed into finished products. It will take time to play out, but it’s a welcome improvement. Much of the rest of the business is doing well, and steady demand for less economically sensitive CSL products may contribute to the near-term share price stability. “

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Our calculations show that Carlisle Companies Incorporated (NYSE: CSL) falls short of our list The 30 most popular stocks among hedge funds. The Carlisle Corporation (NYSE: CSL) had a portfolio of 30 hedge funds at the end of the second quarter of 2022, compared to 29 in the previous quarter. Carlisle Companies Incorporated (NYSE:CSL) has returned 19.59% over the past 3 months.

In August 2022, we also shared another hedge fund’s take on Carlisle Companies Incorporated (NYSE:CSL) 10 Important Dividend Increases to Watch in August. You can find other investor letters from hedge funds and prominent investors on our website Hedge Fund Investor Letter 2022 Q2 Page.

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Disclosure: None. This article was originally published on Insider Monkey.

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