Virtu Financial: Anti-Fragile, Uncorrelated And Outperforming
VIRTVirtu Financial(VIRT) Seeking Alpha·2024-08-16 23:38
Vertigo3d I often look for low-beta stocks to add to my portfolio to be more resilient to market volatility. But it is not easy to find stocks that are not only low-beta but also high-quality growth names, akin to having the cake and eating it too. Virtu Financial (NASDAQ:VIRT) is among the rare breed of names that can fit this profile. I own shares in the company, and I can distill the reasons for this below:  Volatile markets benefit the company, which makes it anti-fragile. Low beta name (2Y Beta of  ...