Latest news with #ClearBridgeInvestments
Yahoo
24-05-2025
- Business
- Yahoo
Jim Cramer on Doximity (DOCS): 'I Cannot Get Behind That'
We recently published a list of . In this article, we are going to take a look at where Doximity, Inc. (NYSE:DOCS) stands against other stocks that Jim Cramer discussed recently. Noting that the stock tanked after earnings on weak guidance, a caller asked for Cramer's opinion of Doximity, Inc. (NYSE:DOCS), and he replied: 'That was a bad miss. That was a bad miss, and that's a high-growth company that had just been building up ahead of steam, and I cannot recommend that company because that was an unfathomable miss, frankly. And I feel very badly about saying that, but I was quite surprised. I cannot get behind that.' A pathologist and a laboratory assistant in a laboratory researching medical news and data. Doximity, Inc. (NYSE:DOCS) runs a digital platform designed for medical professionals and offers tools that support virtual care, career management, medical collaboration, and access to current research and news. The company also helps simplify administrative tasks and communication within the healthcare field. ClearBridge Investments stated the following regarding Doximity, Inc. (NYSE:DOCS) in its Q4 2024 investor letter: 'Doximity, Inc. (NYSE:DOCS), which offers a cloud-based collaboration platform for medical professionals that supports patient care and telehealth, was our top-performing holding in the sector. Shares rallied on a beat and raise quarter, with the company citing strong advertising revenue growth with impressive EBITDA flow through. Doximity has a history of consistent execution and, while it stumbled last year in effectively communicating realistic guidance and outlooks, it appears that management has regained investors' trust through several quarters of solid execution.' Overall, DOCS ranks 6th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of DOCS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DOCS and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Jim Cramer on Doximity (DOCS): 'I Cannot Get Behind That'
We recently published a list of . In this article, we are going to take a look at where Doximity, Inc. (NYSE:DOCS) stands against other stocks that Jim Cramer discussed recently. Noting that the stock tanked after earnings on weak guidance, a caller asked for Cramer's opinion of Doximity, Inc. (NYSE:DOCS), and he replied: 'That was a bad miss. That was a bad miss, and that's a high-growth company that had just been building up ahead of steam, and I cannot recommend that company because that was an unfathomable miss, frankly. And I feel very badly about saying that, but I was quite surprised. I cannot get behind that.' A pathologist and a laboratory assistant in a laboratory researching medical news and data. Doximity, Inc. (NYSE:DOCS) runs a digital platform designed for medical professionals and offers tools that support virtual care, career management, medical collaboration, and access to current research and news. The company also helps simplify administrative tasks and communication within the healthcare field. ClearBridge Investments stated the following regarding Doximity, Inc. (NYSE:DOCS) in its Q4 2024 investor letter: 'Doximity, Inc. (NYSE:DOCS), which offers a cloud-based collaboration platform for medical professionals that supports patient care and telehealth, was our top-performing holding in the sector. Shares rallied on a beat and raise quarter, with the company citing strong advertising revenue growth with impressive EBITDA flow through. Doximity has a history of consistent execution and, while it stumbled last year in effectively communicating realistic guidance and outlooks, it appears that management has regained investors' trust through several quarters of solid execution.' Overall, DOCS ranks 6th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of DOCS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DOCS and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Here's Why Clearbridge Large Cap Value Strategy is Holding Broadcom (AVGO)
ClearBridge Investments, an investment management company, released its 'ClearBridge Large Cap Value Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The S&P 500 Index declined by -4.3% in Q1 2025 due to a tariff war and a shift away from AI-related tech stocks. Amid the tech-led sell-off, the benchmark, the Russell 1000 Value Index, outperformed its growth counterpart in the quarter. Against this backdrop, the strategy underperformed the benchmark in Q1. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, ClearBridge Large Cap Value Strategy highlighted stocks such as Broadcom Inc. (NASDAQ:AVGO). Broadcom Inc. (NASDAQ:AVGO) designs and develops various semiconductor and infrastructure software solutions. The one-month return of Broadcom Inc. (NASDAQ:AVGO) was 36.00%, and its shares gained 64.83% of their value over the last 52 weeks. On May 19, 2025, Broadcom Inc. (NASDAQ:AVGO) stock closed at $230.63 per share with a market capitalization of $1.084 trillion. ClearBridge Large Cap Value Strategy stated the following regarding Broadcom Inc. (NASDAQ:AVGO) in its Q1 2025 investor letter: "Despite a selloff in Broadcom Inc. (NASDAQ:AVGO), we maintained our position, as we believe the company is well-positioned to gain share with its AI focused custom application-specific integrated circuit (ASIC) solutions for customers like Alphabet and Meta. These exposures should remain more resilient even if overall AI spending moderates." A technician working at a magnified microscope, developing a new integrated circuit. Broadcom Inc. (NASDAQ:AVGO) is in 12th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 161 hedge fund portfolios held Broadcom Inc. (NASDAQ:AVGO) at the end of the fourth quarter, compared to 128 in the third quarter. While we acknowledge the potential of Broadcom Inc. (NASDAQ:AVGO) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Broadcom Inc. (NASDAQ:AVGO) and shared the list of best unstoppable stocks that pay dividends. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
RTX Corporation (RTX) Rose Due to Elevated Geopolitical Worries
ClearBridge Investments, an investment management company, released its 'ClearBridge Large Cap Value Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The S&P 500 Index declined by -4.3% in Q1 2025 due to a tariff war and a shift away from AI-related tech stocks. Amid the tech-led sell-off, the benchmark, the Russell 1000 Value Index, outperformed its growth counterpart in the quarter. Against this backdrop, the strategy underperformed the benchmark in Q1. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, ClearBridge Large Cap Value Strategy highlighted stocks such as RTX Corporation (NYSE:RTX). RTX Corporation (NYSE:RTX) is an aerospace and defense company. The one-month return of RTX Corporation (NYSE:RTX) was 20.62%, and its shares gained 30.13% of their value over the last 52 weeks. On May 19, 2025, RTX Corporation (NYSE:RTX) stock closed at $137.20 per share with a market capitalization of $183.292 billion. ClearBridge Large Cap Value Strategy stated the following regarding RTX Corporation (NYSE:RTX) in its Q1 2025 investor letter: "In industrials, defense names RTX Corporation (NYSE:RTX) and Northrop Grumman led performance as geopolitical tensions remained elevated. Both companies have moved away from fixed-price contracts, and as those contracts have diminished as parts of their business, should see margin expansion over the next few years. European countries have also pledged to increase their spending on defense, which, given the lack of capacity available for European defense companies, should benefit U.S. defense primes." An aerial view of a commercial jetliner in flight, its airframe glinting in the sun. RTX Corporation (NYSE:RTX) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 80 hedge fund portfolios held RTX Corporation (NYSE:RTX) at the end of the fourth quarter which was 72 in the previous quarter. While we acknowledge the potential of RTX Corporation (NYSE:RTX) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered RTX Corporation (NYSE:RTX) and shared Jim Cramer's thoughts on a selection of stocks. RTX Corporation (NYSE:RTX) contributed to Longleaf Partners Fund's performance in the first quarter. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
20-05-2025
- Business
- Yahoo
Sempra (SRE) Prioritizes Long-Term Growth Over Short-Term Challenges
ClearBridge Investments, an investment management company, released its 'ClearBridge Large Cap Value Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The S&P 500 Index declined by -4.3% in Q1 2025 due to a tariff war and a shift away from AI-related tech stocks. Amid the tech-led sell-off, the benchmark, the Russell 1000 Value Index, outperformed its growth counterpart in the quarter. Against this backdrop, the strategy underperformed the benchmark in Q1. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, ClearBridge Large Cap Value Strategy highlighted stocks such as Sempra (NYSE:SRE). Sempra (NYSE:SRE) is an energy infrastructure company. The one-month return of Sempra (NYSE:SRE) was 8.46%, and its shares lost 0.04% of their value over the last 52 weeks. On May 19, 2025, Sempra (NYSE:SRE) stock closed at $78.43 per share with a market capitalization of $51.15 billion. ClearBridge Large Cap Value Strategy stated the following regarding Sempra (NYSE:SRE) in its Q1 2025 investor letter: "One area where we've increased exposure in recent years is the utilities sector, where the combination of rising electricity demand, highly stable cash flows and attractive valuations has made the space overlooked relative to higher-flying AI plays. While utilities typically perform well in volatile markets, our holdings in Edison International and Sempra (NYSE:SRE) were negatively impacted by the tragic wildfires in Southern California, which caused billions of dollars in damages. Sempra's issues were compounded by a large earnings reset due to unexpected regulatory changes in California and the company's shift of capital toward Texas, where, while it is a higher growth market, profitability is being pressured in the short term due to higher costs. While this negatively affects near-term earnings, we believe the decision is right for the long term. We maintained positions in both companies, as we believe their valuations have been overly discounted for businesses with defensive characteristics and high-single-digit earnings growth." A power transmission tower with a desert sunset in the background, symbolizing power and energy. Sempra (NYSE:SRE) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 34 hedge fund portfolios held Sempra (NYSE:SRE) at the end of the fourth quarter, compared to 33 in the third quarter. While we acknowledge the potential of Sempra (NYSE:SRE) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Sempra (NYSE:SRE) and shared the list of natural gas players Jim Cramer commented on. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
