Bilbel Capital Sold CareCloud (CCLD) for More Attractive Opportunities

Bilbel Capital Sold CareCloud (CCLD) for More Attractive Opportunities

Tue, August 25, 2026 at 8:30 PM GMT+3 2 min read

• CCLD -3.20%
• ^GSPC +0.19%

Bilbel Capital, an investment management company, released its second-quarter 2026 investment letter. The letter can be downloaded here. The strategy returned -15.7%, gross and -16.1%, net, in the first half of 2026, compared to a 10.2% return for the S&P 500 Index. The letter outlines top positions, all acquired under 3.5 times a normal year's profit, emphasizing strong balance sheets. The strategy uses Argus to rapidly analyze publicly available data on 15,000 investable stocks to identify the top 1% of undervalued opportunities. Also, check the fund's top five holdings to see its best picks in 2026.

In its Q2 2026 investor letter, Bilbel Capital highlighted CareCloud, Inc. (NASDAQ:CCLD). CareCloud, Inc. (NASDAQ:CCLD) is a healthcare information technology company. On August 24, 2026, CareCloud, Inc. (NASDAQ:CCLD) closed at $2.50 per share, reflecting a market capitalization of $106.24 million. CareCloud, Inc. (NASDAQ:CCLD) posted a one‑month return of 5.93%, while its shares lost 32.07% over the past 52 weeks.

Bilbel Capital stated the following regarding CareCloud, Inc. (NASDAQ:CCLD) in its Q2 2026 investor letter:

"We think CareCloud, Inc. (NASDAQ:CCLD) is undervalued. But we found companies that are more undervalued. So we sold most of our CareCloud shares to buy them. CareCloud's value mainly depends on how many customers it keeps, and how AI will impact their profits. How much revenue did CareCloud keep from last year? CareCloud bought 4 companies in 2025, after Q1. Including their revenue in Q1 2025, Q1 2026 revenue was 15% lower.

Reported TEBS revenue rose 30%. But without acquisitions it fell 5.6%. This is within CareCloud's normal 4% to 6% 'structural churn'. Meaning: doctors retiring, practices closing, or hospitals taking over practices and moving billing elsewhere..." (Click here to read the full text)

CareCloud, Inc. (NASDAQ:CCLD) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 8 hedge fund portfolios held CareCloud, Inc. (NASDAQ:CCLD) at the end of the second quarter, which was 14 in the previous quarter. While we acknowledge the potential of CareCloud, Inc. (NASDAQ:CCLD) 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.

In addition, please check out our hedge fund investor letters Q2 2026 page for more investor letters from hedge funds and other leading investors.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

Disclosure: None. This article is originally published at Insider Monkey.