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Yahoo
28-05-2025
- Business
- Yahoo
What Makes PepsiCo (PEP) an Investment Bet in a Volatile Market?
Matrix Asset Advisors, an asset management company, released its Q1 2025 investor letter. A copy of the letter can be downloaded here. After two years of gains exceeding 20%, the stock market rally ended in February when the president intensified his tariff threats. Technology and Growth stocks drove the stock market's first-quarter decline. Matrix's portfolios performed well during a challenging quarter. The Matrix Dividend Income portfolio recorded a slight positive return, while the LCV portfolio, which is more exposed to Technology, experienced a modest decline. Matrix's Large Cap Value Portfolio (LCV) was down low single digits in Q1, surpassing the S&P 500® Index's loss but behind the Russell 1000 Value's 2.14% gain. Matrix Dividend Income (MDI) started the year positively, growing low single digits in Q1, ahead of both the S&P 500®'s loss and the Russell 1000® Value Index. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Matrix Asset Advisors highlighted stocks such as PepsiCo, Inc. (NASDAQ:PEP). PepsiCo, Inc. (NASDAQ:PEP) is an American multinational company that manufactures, markets, and distributes various beverages and convenient foods. The one-month return of PepsiCo, Inc. (NASDAQ:PEP) was -3.11%, and its shares lost 23.24% of their value over the last 52 weeks. On May 27, 2025, PepsiCo, Inc. (NASDAQ:PEP) stock closed at $131.37 per share with a market capitalization of $180.12 billion. Matrix Asset Advisors stated the following regarding PepsiCo, Inc. (NASDAQ:PEP) in its Q1 2025 investor letter: The market's volatility during the quarter gave us the opportunity to be more active than usual with portfolio buys and sells. On the buy side, we added two new positions to the portfolio, Generac and PepsiCo. PepsiCo, Inc. (NASDAQ:PEP) is a leading snack and beverage company. We know the company well, having owned it several times, buying during pullbacks, and selling when we thought the stock was fully priced. The current opportunity to buy the shares for our LCV portfolio is the result of a deceleration in the company's top-line growth and concerns about the potential impact on demand for the company's core products because of the new weight loss drugs and the opposition to soda and processed foods by the new secretary of health and human services. This well-managed company, with a history of steady earnings and dividend growth, is a good investment in what we expect to be a volatile stock market. At its current price, the dividend yield is 3.6%. A close up of a glass of a refreshing carbonated beverage illustrating the company's different beverages. PepsiCo, Inc. (NASDAQ:PEP) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 71 hedge fund portfolios held PepsiCo, Inc. (NASDAQ:PEP) at the end of the first quarter, which was 69 in the previous quarter. While we acknowledge the potential of PepsiCo, Inc. (NASDAQ:PEP) 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 PepsiCo, Inc. (NASDAQ:PEP) and shared the list of best dividend stocks with high yields. Mar Vista U.S. Quality Select Strategy also commented on PepsiCo, Inc. (NASDAQ:PEP) in its Q1 2025 investor letter. 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
28-05-2025
- Business
- Yahoo
Does Target Corporation (TGT) Stock Offer Strong Upside from the Current Price?
Matrix Asset Advisors, an asset management company, released its Q1 2025 investor letter. A copy of the letter can be downloaded here. After two years of gains exceeding 20%, the stock market rally ended in February when the president intensified his tariff threats. Technology and Growth stocks drove the stock market's first-quarter decline. Matrix's portfolios performed well during a challenging quarter. The Matrix Dividend Income portfolio recorded a slight positive return, while the LCV portfolio, which is more exposed to Technology, experienced a modest decline. Matrix's Large Cap Value Portfolio (LCV) was down low single digits in Q1, surpassing the S&P 500® Index's loss but behind the Russell 1000 Value's 2.14% gain. Matrix Dividend Income (MDI) started the year positively, growing low single digits in Q1, ahead of both the S&P 500®'s loss and the Russell 1000® Value Index. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Matrix Asset Advisors highlighted stocks such as Target Corporation (NYSE:TGT). Target Corporation (NYSE:TGT) is a US-based general merchandise retailer. The one-month return of Target Corporation (NYSE:TGT) was 0.30%, and its shares lost 34.35% of their value over the last 52 weeks. On May 27, 2025, Target Corporation (NYSE:TGT) stock closed at $96.99 per share with a market capitalization of $44.069 billion. Matrix Asset Advisors stated the following regarding Target Corporation (NYSE:TGT) in its Q1 2025 investor letter: "The market's Q1 volatility provided opportunities to take profits on strength while very slowly redeploying the proceeds. With our larger-than-usual sales and scale-backs, we entered the current quarter with a higher-than usual cash balance, allowing us to add to some laggards and start a new position in Target Corporation (NYSE:TGT), a name we have held before in the portfolio. As we write this commentary, more stocks are nearing compelling levels, and we expect to accelerate our buying. A woman purchasing groceries at a Target store, with a cart full of products. Target Corporation (NYSE:TGT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 62 hedge fund portfolios held Target Corporation (NYSE:TGT) at the end of the first quarter, which was 56 in the previous quarter. While we acknowledge the potential of Target Corporation (NYSE:TGT) 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 Target Corporation (NYSE:TGT) and shared the list of stocks on Jim Cramer's radar. 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.
Yahoo
29-03-2025
- Business
- Yahoo
Lennar Corporation (LEN) Trader Lower Due to a Severe Housing Supply Deficit
River Road Asset Management, an investment management company released its 'River Road Large Cap Value Select Fund' Q4 2024 investor letter. A copy of the letter can be downloaded here. In the fourth quarter, AMG River Road Large Cap Value Select Fund returned 0.43% compared to (1.98%) return for the Russell 1000® Value Index. For the year 2024, the fund returned 24.59% significantly outperforming Index return of 14.37%. Stocks rallied in November after a Republican victory but declined sharply following hawkish Fed comments. Shorter duration stocks, including small caps and value, lost most of their post-election gains by the end of December. For more information on the fund's best picks in 2024, please check its top five holdings. In its fourth quarter 2024 investor letter, River Road Large Cap Value Select Fund emphasized stocks such as Lennar Corporation (NYSE:LEN). Lennar Corporation (NYSE:LEN) is a US-based homebuilder that operates primarily under the Lennar brand. The one-month return Lennar Corporation (NYSE:LEN) was -1.38%, and its shares lost 28.61% of their value over the last 52 weeks. On March 27, 2025, Lennar Corporation (NYSE:LEN) stock closed at $117.98 per share with a market capitalization of $31 billion. River Road Large Cap Value Select Fund stated the following regarding Lennar Corporation (NYSE:LEN) in its Q4 2024 investor letter: "Lennar Corporation (NYSE:LEN), one of the largest U.S. homebuilders, was the lowest contributor to active return in Q4 despite strong long-term fundamentals driven by a severe housing supply deficit of approximately two million units. The company has demonstrated remarkable market dominance, expanding its market share from under 8% pre-pandemic to 11.4% currently, powered by its differentiators in financing, land acquisition, and operational scale. This growth trajectory is particularly impressive given the challenging high-interest rate environment, where Lennar's in-house mortgage division enables it to offer more attractive financing terms than smaller competitors. The company's strategic evolution continues with the planned Millrose real estate investment trust (REIT) spinoff, streamlining operations toward an asset-light model that could drive higher valuation multiples. A construction crew installing roof tiles on a newly built row home. Lennar Corporation (NYSE:LEN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 70 hedge fund portfolios held Lennar Corporation (NYSE:LEN) at the end of the fourth quarter which was 68 in the previous quarter. While we acknowledge the potential of Lennar Corporation (NYSE:LEN) 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 cheapest AI stock. We covered Lennar Corporation (NYSE:LEN) in another article, where we shared Hardman Johnston Global Equity Strategy's views on the company. In addition, please check out our hedge fund investor letters Q4 2024 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
29-03-2025
- Business
- Yahoo
Here's What Positions Becton, Dickinson and Company (BDX) Favorably in the Health Care Sector
River Road Asset Management, an investment management company released its 'River Road Large Cap Value Select Fund' Q4 2024 investor letter. A copy of the letter can be downloaded here. In the fourth quarter, AMG River Road Large Cap Value Select Fund returned 0.43% compared to (1.98%) return for the Russell 1000® Value Index. For the year 2024, the fund returned 24.59% significantly outperforming Index return of 14.37%. Stocks rallied in November after a Republican victory but declined sharply following hawkish Fed comments. Shorter duration stocks, including small caps and value, lost most of their post-election gains by the end of December. For more information on the fund's best picks in 2024, please check its top five holdings. In its fourth quarter 2024 investor letter, River Road Large Cap Value Select Fund emphasized stocks such as Becton, Dickinson and Company (NYSE:BDX). Becton, Dickinson and Company (NYSE:BDX) is a medical technology company that develops and manufactures medical supplies, devices, laboratory equipment, and diagnostic products. The one-month return of Becton, Dickinson and Company (NYSE:BDX) was 1.41%, and its shares lost 7.57% of their value over the last 52 weeks. On March 27, 2025, Becton, Dickinson and Company (NYSE:BDX) stock closed at $228.71 per share with a market capitalization of $65.671 billion. River Road Large Cap Value Select Fund stated the following regarding Becton, Dickinson and Company (NYSE:BDX) in its Q4 2024 investor letter: "As of December 31, the portfolio held 29 positions, up four positions from Q3. During Q4, the largest sector increase was 736 bps within industrials, while the largest decrease was -276 bps within consumer discretionary. We established five new positions and eliminated one position A surgeon performing a procedure in an operating room using a medical device supplied by the company. Becton, Dickinson and Company (NYSE:BDX) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 56 hedge fund portfolios held Becton, Dickinson and Company (NYSE:BDX) at the end of the fourth quarter compared to 52 in the third quarter. While we acknowledge the potential of Becton, Dickinson and Company (NYSE:BDX) 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 cheapest AI stock. We covered Becton, Dickinson and Company (NYSE:BDX) in another article, where we shared Oakmark Global Fund's views on the company. In addition, please check out our hedge fund investor letters Q4 2024 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.
Yahoo
29-03-2025
- Business
- Yahoo
CSX Corp. (CSX) Positioned for Growth Amid Positive Market Trends
River Road Asset Management, an investment management company released its 'River Road Large Cap Value Select Fund' Q4 2024 investor letter. A copy of the letter can be downloaded here. In the fourth quarter, AMG River Road Large Cap Value Select Fund returned 0.43% compared to (1.98%) return for the Russell 1000® Value Index. For the year 2024, the fund returned 24.59% significantly outperforming Index return of 14.37%. Stocks rallied in November after a Republican victory but declined sharply following hawkish Fed comments. Shorter duration stocks, including small caps and value, lost most of their post-election gains by the end of December. For more information on the fund's best picks in 2024, please check its top five holdings. In its fourth quarter 2024 investor letter, River Road Large Cap Value Select Fund emphasized stocks such as CSX Corporation (NASDAQ:CSX). CSX Corporation (NASDAQ:CSX) is a company that offers rail-based freight transportation services. The one-month return of CSX Corporation (NASDAQ:CSX) was -6.53%, and its shares lost 19.29% of their value over the last 52 weeks. On March 27, 2025, CSX Corporation (NASDAQ:CSX) stock closed at $29.92 per share with a market capitalization of $56.392 billion. River Road Large Cap Value Select Fund stated the following regarding CSX Corporation (NASDAQ:CSX) in its Q4 2024 investor letter: "As of December 31, the portfolio held 29 positions, up four positions from Q3. During Q4, the largest sector increase was 736 bps within industrials, while the largest decrease was -276 bps within consumer discretionary. We established five new positions and eliminated one position A freight train moving through a rural landscape, its engine and numerous rail cars carrying the company's cargo. CSX Corporation (NASDAQ:CSX) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 63 hedge fund portfolios held CSX Corporation (NASDAQ:CSX) at the end of the fourth quarter compared to 51 in the third quarter. While we acknowledge the potential of CSX Corporation (NASDAQ:CSX) 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 cheapest AI stock. We covered CSX Corporation (NASDAQ:CSX) in another article, where we shared the list of best affordable stocks to buy according to hedge funds. In addition, please check out our hedge fund investor letters Q4 2024 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.
