Latest news with #MidCap
Yahoo
30-07-2025
- Business
- Yahoo
Here's Why Churchill Downs Incorporated (CHDN) Traded Down in Q2
The London Company, an investment management company, released 'The London Company Mid Cap Strategy' second quarter 2025 investor letter. A copy of the letter can be downloaded here. US equities saw a double-digit surge in the second quarter following a sharp decline in the first quarter. The mid-cap composite rose 5.7% (5.5% net) in the second quarter, falling short of the Russell Midcap Index's 8.5% increase. Please review the fund's top 5 holdings to gain insight into their key selections for 2025. In its second quarter 2025 investor letter, The London Company Mid Cap Strategy highlighted stocks such as Churchill Downs Incorporated (NASDAQ:CHDN). Churchill Downs Incorporated (NASDAQ:CHDN) is a US-based racing, online wagering, and gaming entertainment company. The one-month return of Churchill Downs Incorporated (NASDAQ:CHDN) was 5.38%, and its shares lost 22.96% of their value over the last 52 weeks. On July 29, 2025, Churchill Downs Incorporated (NASDAQ:CHDN) stock closed at $110.60 per share, with a market capitalization of $7.756 billion. The London Company Mid Cap Strategy stated the following regarding Churchill Downs Incorporated (NASDAQ:CHDN) in its second quarter 2025 investor letter: "Churchill Downs Incorporated (NASDAQ:CHDN) – CHDN has underperformed due to weakness in regional gaming, concern about consumer spending, and lower Derby profitability y/y. We note that the Derby was facing the 150th anniversary last year, and we continue to like CHDN, its highly cash-generative assets, track record of good capital allocation, and opportunities to reinvest in the business at attractive returns. A city skyline looking down on a busy racetrack with jockeys on horseback. Churchill Downs Incorporated (NASDAQ:CHDN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 39 hedge fund portfolios held Churchill Downs Incorporated (NASDAQ:CHDN) at the end of the first quarter, which was 41 in the previous quarter. In the second quarter of 2025, Churchill Downs Incorporated (NASDAQ:CHDN) delivered all-time record net revenue of $934 million and all-time record adjusted EBITDA of $451 million. While we acknowledge the potential of Churchill Downs Incorporated (NASDAQ:CHDN) 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 another article, we covered Churchill Downs Incorporated (NASDAQ:CHDN) and shared the list of stocks expected to beat the market by 20 percentage points this year. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
24-07-2025
- Business
- Yahoo
Should You Hold Ryan Specialty Holdings (RYAN)?
Fred Alger Management, an investment management company, released its 'Alger Mid Cap Focus Fund' second-quarter 2025 investor letter. A copy of the letter can be downloaded here. Equity markets regained their strength in the second quarter of 2025. Class A shares of the fund outperformed the Russell Midcap Growth Index during the quarter. The Industrials and Energy sectors contributed to the relative performance of the strategy in the quarter, while Information Technology and Consumer Discretionary sectors detracted. In addition, please check the fund's top five holdings to know its best picks in 2025. In its second quarter 2025 investor letter, Alger Mid Cap Focus Fund highlighted stocks such as Ryan Specialty Holdings, Inc. (NYSE:RYAN). Ryan Specialty Holdings, Inc. (NYSE:RYAN) is a specialty products and solutions provider for insurance brokers, agents, and carriers. The one-month return of Ryan Specialty Holdings, Inc. (NYSE:RYAN) was -4.36%, and its shares gained 8.82% of their value over the last 52 weeks. On July 23, 2025, Ryan Specialty Holdings, Inc. (NYSE:RYAN) stock closed at $64.30 per share, with a market capitalization of $16.885 billion. Alger Mid Cap Focus Fund stated the following regarding Ryan Specialty Holdings, Inc. (NYSE:RYAN) in its second quarter 2025 investor letter: "Ryan Specialty Holdings, Inc. (NYSE:RYAN) is a leading provider of specialty insurance products and services, acting as a broker between insurance agents, brokers, and carriers. During the quarter, shares detracted from performance due to lower property insurance pricing across the industry, which negatively impacted the company's premium volumes. However, we view this challenge as temporary and continue to believe Ryan Specialty has the potential to grow earnings faster than the overall market through favorable pricing, higher business volumes, and strategic acquisitions." A portrait of a professional insurance broker at their desk, reviewing a policy. Ryan Specialty Holdings, Inc. (NYSE:RYAN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 29 hedge fund portfolios held Ryan Specialty Holdings, Inc. (NYSE:RYAN) at the end of the first quarter, which was 29 in the previous quarter. While we acknowledge the potential of Ryan Specialty Holdings, Inc. (NYSE:RYAN) 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 another article, we discussed Ryan Specialty Holdings, Inc. (NYSE:RYAN) and its announcement to acquire J.M. Wilson Corporation. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
&w=3840&q=100)
Business Standard
17-07-2025
- Business
- Business Standard
Breakout stocks: ixigo, 5 other smallcap shares ripe for up to 32% rally
Smallcap stocks - ixigo, Hinduja Global, Gujarat Apollo, Radhika Jeweltech, Ksolves India and Mirc Electronics witnessed a breakout on the daily chart on Thursday, July 17. Rex Cano Mumbai Listen to This Article Smallcap shares were seen outperforming the broader market on Thursday. As of 1 PM, the BSE SmallCap index was up 0.4 per cent, while the BSE Sensex was down 0.2 per cent, and the MidCap index up 0.2 per cent. Out of the 250 BSE Smallcap index shares, 156 were seen trading with gains. Among these 6 smallcaps namely - Le Travenues Technology (ixigo), Hinduja Global Solutions (HGS), Radhika Jeweltech, Ksolves India, Gujarat Apollo Industries and Mirc Electronics - rallied in the range of 9 - 20 per cent, and in the process gave a breakout on the daily
Mint
08-07-2025
- Business
- Mint
Best stocks to buy today, 8 July, recommended by NeoTrader's Raja Venkatraman
A lacklustre day seems to be leading to a hard time, as we were unable to trigger any further negative bias. As we contemplate further action, we should continue to participate, albeit in a limited fashion, as the markets are not able to sustain the intraday decline, hinting at a possible breakout of resistance zones. Here are three stocks to trade, as recommended by Raja Venkatraman of NeoTrader for Tuesday, 8 July: SUVEN: Buy CMP and dips to ₹255 | Stop ₹245 | Target ₹295-310 TIRUMALCHM: Buy CMP and dips to ₹275 | Stop ₹267 | Target ₹310 TEGA: Buy CMP and dips to ₹1,680 | Stop ₹1,660 | Target ₹1,925-1,990 Market update Benchmark indices ended largely unchanged, with the Nifty lingering around 25,450 as investors adopted a cautious stance ahead of anticipated developments in a US-India mini trade deal later this evening. At closing, the Sensex gained 193.42 points, or 0.23%, to finish at 83,432.89, while the Nifty rose 55.7 points, or 0.22%, to 25,461. Broader markets lagged, with the MidCap index slipping 0.27% and the SmallCap index down 0.40%. Banking and IT stocks outperformed; energy lagged. There are reports that the customs component of the mini deal may be announced today, with remaining details to follow in subsequent phases. Outlook for trading The market remains muted, triggered by geopolitical tensions. The market tested our patience on Monday, but did not give up the lower levels. However, the trend seen over the last few days highlights that the Nifty managed to hold on and did not give up. In the last report, we mentioned, 'From the charts above, we can see that the trends are down into some strong set of supports yet again." On the charts, we note that the doji formation on Monday continues to keep us guessing. Taking some cues from the Option data, we can add that the levels around 25,450 that had steady Put writers have now ensured that the upward possibility gets more wings. With the PCR nearing 0.80, we can expect some trended move today. Stay alert. The trend that is emerging clearly suggests that the dips seen last week managed to hold the support zone, and the gap-down opening was covered to ensure that the prices traded above the range area that developed in the last few days. Hence, one should track the trends that are in progress as the up move needs to continue its way above 25,000 (Nifty Spot)to renew the bullish bias. Momentum on hourly charts is indicating that the prices after settling down seem to have witnessed a resumption of selling pressure. With the gradual and hesitant rise emerging from lower levels, we can expect the rise to remain hesitant. For shorts, we need to see the Nifty move above 25,300, which is immediate support as per the Open Interest data. If we witness a 30-minute range breakout on Tuesday, we can consider trading on either side as the trends remain tentative, and we expect some resistance to kick in. While the trends in the indices are still unclear, there is plenty of action as far as the stocks are concerned. Three stocks to trade, recommended by NeoTrader's Raja Venkatraman: Suven Life Sciences Ltd (Cmp 267.85) Why it's recommended: Suven Life Sciences Ltd is experiencing notable buying interest, with significant gains over various time frames. The stock has shown impressive growth in recent months and is trading near its 52-week high. It has maintained a bullish trend, outperforming broader market indices. As the prices have now managed to clear from its recent consolidation spanning more than 2 months, we can look to trade the upmove. Consider going long. Key metrics: P/E: 109.31 | 52-week high: ₹271.72 | Volume: 377.63K. Technical analysis: Support at ₹218 | Resistance at ₹350. Risk factors: Market volatility and slowdown in global markets and industry-specific challenges. Buy at: CMP and dips to ₹255. Target price: ₹295-310 in 1 month. Stop loss: ₹245. Thirumalai Chemicals Ltd (Cmp 291.55) Why it's recommended: The prices have been moving in a tight range, but at the same time, steady volume interest at lower levels has been holding the bullish bias. A long body candle on Monday has once again triggered some bullish possibilities in the coming sessions. With momentum picking up, one can look to buy. Key metrics: P/E: 36.02 | 52-week high: ₹395 | Volume: 555.53K. Technical analysis: Support at ₹225, resistance at ₹350. Risk factors: Rising input costs, increased operational expenses, and potentially foreign exchange impacts. Buy at: CMP and dips to ₹275. Target price: ₹310 in 1 month. Stop loss: ₹267. Tega Industries Ltd (Cmp 1755.30) Why it's recommended: The trends are remaining consistent and are showing a consistent rounding pattern, indicating that the momentum remains poised for more upside. Volumes saw a major uptick on Monday, indicating that the prices are giving a good follow-through post the value resistance area breakout. Key metrics: P/E: 66.43 | 52-week high: ₹2,327.45 | Volume: 530.66K. Technical analysis: Support at ₹1475, resistance at ₹2300. Risk factors: Rising input costs, increased operational expenses, and potentially foreign exchange impacts. Buy at: CMP and dips to ₹1,680. Target price: ₹1,925-1,990 in 1 month. Stop loss: ₹1,660. Raja Venkatraman is the co-founder of NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Wire
28-05-2025
- Business
- Business Wire
COPT Defense to Present at Nareit's REITweek: 2025 Investor Conference
COLUMBIA, Md.--(BUSINESS WIRE)--COPT Defense Properties (NYSE: CDP) ('COPT Defense' or the 'Company') announced that its President and CEO, Stephen E. Budorick, will provide an update on the Company and participate in a question and answer session at Nareit's REITweek: 2025 Investor Conference. The presentation will be held on June 3, 2025 at 8:45 a.m. Eastern Time at the New York Hilton Midtown in New York, NY. A live audio webcast of the presentation and accompanying materials will be available in the 'News & Events – IR Calendar' section of COPT's Investors website: About COPT Defense COPT Defense, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government ('USG') defense installations and missions (referred to as its Defense/IT Portfolio). The Company's tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of March 31, 2025, the Company's Defense/IT Portfolio of 198 properties, including 24 owned through unconsolidated joint ventures, encompassed 22.6 million square feet and was 96.6% leased. Forward-Looking Information This press release may contain 'forward-looking' statements, as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, that are based on the Company's current expectations, estimates and projections about future events and financial trends affecting the Company. Forward-looking statements can be identified by the use of words such as 'may,' 'will,' 'should,' 'could,' 'believe,' 'anticipate,' 'expect,' 'estimate,' 'plan' or other comparable terminology. Forward-looking statements are inherently subject to risks and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate. Although the Company believes that the expectations, estimates and projections reflected in such forward-looking statements are based on reasonable assumptions at the time made, the Company can give no assurance that these expectations, estimates and projections will be achieved. Future events and actual results may differ materially from those discussed in the forward-looking statements and the Company undertakes no obligation to update or supplement any forward-looking statements. The areas of risk that may affect these expectations, estimates and projections include, but are not limited to, those risks described in Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2024.
