Hedge funds cut NFLX, keep big bets on MSFT, AMZN, add NVDA
Global Partners LP (NYSE:GLP) stock soared to an all-time high this week, reaching a price level of $59.1. This milestone underscores a period of significant growth for the company, with an impressive 40.56% surge over the past six months. According to InvestingPro analysis, the company maintains a GOOD financial health score, though current prices suggest slight overvaluation relative to its Fair Value. Over the past year, Global Partners LP has witnessed an impressive 28.56% increase in its stock value, while maintaining its 20-year streak of consecutive dividend payments, currently yielding 5.17%. The achievement of this all-time high, combined with a beta of 1.46, reflects the company’s market dynamics. Discover more insights and 8 additional ProTips for GLP through InvestingPro’s comprehensive research reports, available for 1,400+ US stocks.
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