6 hours ago
Wasatch Global Investors, an **** et management company, released its "Long/Short Alpha Fund" Q2 2026 investor letter. The letter can be downloaded here. Small- and mid-cap growth stocks posted significant gains in Q2, led primarily by AI-related companies. The Russell 2500 Index rose 20.26%, while the Wasatch Long/Short Alpha Fund—Investor Class increased by 8.29%. However, the fund faced challenges due to the outperformance of lower-quality companies, which negatively impacted its long positions. Despite trailing the benchmark and some losses in short positions, the fund remains confident in its long portfolio's fundamentals, which have not deteriorated. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its second-quarter 2026 investor letter, Wasatch Long/Short Alpha Fund highlighted Real REMAX Group Inc. (NASDAQ:REAX). Real REMAX Group Inc. (NASDAQ:REAX) is a real estate technology company that provides **** le, mortgage, wallet, and franchising and ancillary services. The Real Brokerage, Inc. changed its name to Real REMAX Group Inc. (NASDAQ:REAX) in August 2026. On September 15, 2026, Real REMAX Group Inc. (NASDAQ:REAX) closed at $19.27 per share. Over the past month, Real REMAX Group Inc. (NASDAQ:REAX) declined 30.93%, but its shares are down 61.84% over the past year. Real REMAX Group Inc. (NASDAQ:REAX) has a market capitalization of $422.42 million, and its stock has traded within a 52-week range of $15.50 to $52.50.
Wasatch Long/Short Alpha Fund stated the following regarding Real REMAX Group Inc. (NASDAQ:REAX) in its Q2 2026 investor letter:
"Among shorts, contributors to Fund performance were those stocks that declined in price. One of our largest contributors was REMAX Group Inc. (NASDAQ:REAX). The company operates a cloud-based real estate platform operating across the U.S. and Canada. Real Brokerage's stock was down due to concerns about how AI may disrupt its business model."
Real REMAX Group Inc. (NASDAQ:REAX) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 25 hedge fund portfolios held Real REMAX Group Inc. (NASDAQ:REAX) at the end of the second quarter, compared to 21 in the previous quarter. While we acknowledge the potential of Real REMAX Group Inc. (NASDAQ:REAX) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#real #reax
In its second-quarter 2026 investor letter, Wasatch Long/Short Alpha Fund highlighted Real REMAX Group Inc. (NASDAQ:REAX). Real REMAX Group Inc. (NASDAQ:REAX) is a real estate technology company that provides **** le, mortgage, wallet, and franchising and ancillary services. The Real Brokerage, Inc. changed its name to Real REMAX Group Inc. (NASDAQ:REAX) in August 2026. On September 15, 2026, Real REMAX Group Inc. (NASDAQ:REAX) closed at $19.27 per share. Over the past month, Real REMAX Group Inc. (NASDAQ:REAX) declined 30.93%, but its shares are down 61.84% over the past year. Real REMAX Group Inc. (NASDAQ:REAX) has a market capitalization of $422.42 million, and its stock has traded within a 52-week range of $15.50 to $52.50.
Wasatch Long/Short Alpha Fund stated the following regarding Real REMAX Group Inc. (NASDAQ:REAX) in its Q2 2026 investor letter:
"Among shorts, contributors to Fund performance were those stocks that declined in price. One of our largest contributors was REMAX Group Inc. (NASDAQ:REAX). The company operates a cloud-based real estate platform operating across the U.S. and Canada. Real Brokerage's stock was down due to concerns about how AI may disrupt its business model."
Real REMAX Group Inc. (NASDAQ:REAX) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. According to our database, 25 hedge fund portfolios held Real REMAX Group Inc. (NASDAQ:REAX) at the end of the second quarter, compared to 21 in the previous quarter. While we acknowledge the potential of Real REMAX Group Inc. (NASDAQ:REAX) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#real #reax
2 months ago
Ilika PLC (AIM:IKA, OTCQX:ILIKF, FRA:I8A) this week outlined continued commercial progress across its Stereax and Goliath solid-state battery businesses, with chief executive Graeme Purdy highlighting the company's transition into revenue generation alongside several commercial catalysts expected over the next 12 to 18 months.
Purdy, in an interview in the Proactive studio, said the most significant development for the Stereax business had been its move into commercial production, with Ilika now supplying commercial-grade electrodes to Cirtec for incorporation into the M300 medical device product, which is expected to reach the market later this year.
He said the company had already recognised approximately £100,000 in revenue during the previous financial year, describing it as an early indicator of future growth. Purdy added that a second revenue stream is expected to emerge through royalty payments once products incorporating Stereax batteries are sold to end customers.
Here, we take a closer look at what was said when Graeme Purdy joined the Proactive studio.
Proactive: You've described the past year as one of strong commercial progress. What do you see as the standout achievements across both the Stereax and Goliath programmes?
#graeme
Purdy, in an interview in the Proactive studio, said the most significant development for the Stereax business had been its move into commercial production, with Ilika now supplying commercial-grade electrodes to Cirtec for incorporation into the M300 medical device product, which is expected to reach the market later this year.
He said the company had already recognised approximately £100,000 in revenue during the previous financial year, describing it as an early indicator of future growth. Purdy added that a second revenue stream is expected to emerge through royalty payments once products incorporating Stereax batteries are sold to end customers.
Here, we take a closer look at what was said when Graeme Purdy joined the Proactive studio.
Proactive: You've described the past year as one of strong commercial progress. What do you see as the standout achievements across both the Stereax and Goliath programmes?
#graeme
3 months ago
The Real Brokerage Inc. (NASDAQ:REAX) is one of the 8 High Growth Penny Stocks to Buy.
On June 24, 2026, The Real Brokerage Inc. (NASDAQ:REAX) announced that it surpassed 35,000 agents across the United States and Canada. CEO Tamir Poleg said surpassing 35,000 agents is an "incredible milestone," adding that agents are looking for a partner focused on their success.
On June 17, The Real Brokerage announced that entrepreneur and JPAR Real Estate founder JP Piccinini will work with the company as a Growth Leader. In that role, Piccinini will work with Chief Growth Officer Jason Cassity to support agents, teams, and brokerage leaders across the Real network.
Earlier in June, The Real Brokerage announced that NOVEM Real Estate had joined the company. The addition expands Real's presence across key New York markets, including Manhattan, Brooklyn, Queens, Long Island, and Westchester County.
The Real Brokerage Inc. (NASDAQ:REAX) operates as a real estate technology company in the United States and Canada.
On June 24, 2026, The Real Brokerage Inc. (NASDAQ:REAX) announced that it surpassed 35,000 agents across the United States and Canada. CEO Tamir Poleg said surpassing 35,000 agents is an "incredible milestone," adding that agents are looking for a partner focused on their success.
On June 17, The Real Brokerage announced that entrepreneur and JPAR Real Estate founder JP Piccinini will work with the company as a Growth Leader. In that role, Piccinini will work with Chief Growth Officer Jason Cassity to support agents, teams, and brokerage leaders across the Real network.
Earlier in June, The Real Brokerage announced that NOVEM Real Estate had joined the company. The addition expands Real's presence across key New York markets, including Manhattan, Brooklyn, Queens, Long Island, and Westchester County.
The Real Brokerage Inc. (NASDAQ:REAX) operates as a real estate technology company in the United States and Canada.
