WAM Capital Ltd. (AU:WAM) has released an update.
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WAM Capital Limited has showcased a strong investment portfolio performance in October 2024, surpassing the S&P/ASX All Ordinaries Accumulation Index. Key contributors to this success include HMC Capital, which completed a $300 million capital raise for a major data centre acquisition, and Zip Co, whose US business has significantly boosted its share price. Both companies are expected to drive future earnings and valuation growth, highlighting promising opportunities in digital infrastructure and the buy now, pay later market.
For further insights into AU:WAM stock, check out TipRanks’ Stock Analysis page.