Donald Yacktman, President and Founder of Yacktman Asset Management runs two five-star funds. Both have beaten the markets and their peers by wide margins over the years. This past Morningstar Stock Fund Manager of the Year explains while his approach to picking stocks has stayed the same, his current strategy is changing.
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Applied Digital Stock Skyrockets 13% on $5 Billion Investment
Data center operator gets $5 billion investment from Macquarie. Shares of Applied Digital (NASDAQ:APLD) were rising on Tuesday, up more than 13% on the day to roughly $8.80 per share....