No. 2: Turkcell
Q4 Return: 6%
Total Return: 37%
Investor: Charles Sizemore
Charles Sizemore, editor of the Sizemore Investment Letter, was almost the winner of this contest two straight years. Almost.
His company managed to post impressive gains — despite its multiyear soap-opera-like boardroom drama — thanks to the emergence of Turkey’s up-and-coming middle class.
Unfortunately, Turkcell (NYSE:TKC) finished the year where it finished Q3 — just shy of the gold medal. It gained an impressive 21% in Q3, poising it for a sprint to the finish line. And while it did keep trying until the last second, its 6% Q4 climb just wasn’t enough to take the top spot.
Still, a silver medal is nothing to sneeze at, and the same holds true for 37% gains for the full year.
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