Latest news with #SairaMalik
Bloomberg
5 days ago
- Business
- Bloomberg
Nuveen's Outlook for the Future Investor
Saira Malik, Chief Investment Officer, Nureen shares expert insights on market trends, strategic portfolio considerations, and the evolving investment landscape with Bloomberg's Kara Wetzel at The Future Investor: Finding the Opportunities event in San Francisco (Source: Bloomberg)
Yahoo
01-05-2025
- Business
- Yahoo
Is Comfort Systems USA (FIX) A Small-Cap Construction and Materials Stock Hedge Funds Are Buying?
We recently published a list of the 15 Small-Cap Construction and Materials Stocks Hedge Funds Are Buying. In this article, we are going to take a look at where Comfort Systems USA, Inc. (NYSE:FIX) stands against other small-cap construction and materials stocks. Saira Malik, Nuveen's head of equities and fixed income, joined 'Closing Bell' on CNBC on March 26 to discuss her investment strategy in the middle of this uncertain market. She emphasized that two dominant themes are shaping the second quarter of this year: policy uncertainty and questions surrounding the pace of the economic slowdown. Malik noted that markets have shown a little optimism after a rebound from correction territory. This was driven by investor expectations of watered-down tariffs and the return of the term 'transitory' regarding inflation effects from tariffs. However, she highlighted that the economy continues to slow. Given this, Malik prefers defensive market sectors, particularly infrastructure. She also identified municipal bonds as a favored fixed-income category. These appeal to local investors who seek stable income streams in the middle of this economic uncertainty. Malik also acknowledged the risk that continued negative sentiment about consumer weakness could become a self-fulfilling prophecy. She pointed out that the economy's recent strength has been driven by consumer spending and employment, with about half of payroll growth since 2019 coming from government jobs. The recent data on consumer spending, retail sales, and confidence have been weak, but consumers often express pessimism without reducing spending proportionally. Despite this, she stressed that the economy is slowing and warned that ongoing tariff uncertainty could cause a sharper economic downturn. However, she also mentioned potential upside from forthcoming tax cuts and deregulation, which could provide economic support. Malik explained that the market's recent optimism comes from increasing clarity about tariff implementation and targets. We first sifted through financial media reports, ETFs, and Insider Monkey's Q4 2024 hedge funds database reports to compile a list of the small-cap construction and materials stocks hedge funds are buying. For this article, we define small-cap stocks as those that trade between $10 billion and $30 billion, as of April 28. We then selected the top 15 stocks and ranked them in ascending order of the number of hedge funds that have stakes in them. In cases where an equal number of hedge funds held two or more stocks, we used the market cap as a tiebreaker. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). An engineer inspecting a newly renovated electrical installation. Market Capitalization as of April 28: $13.78 billion Number of Hedge Fund Holders: 50 Comfort Systems USA, Inc. (NYSE:FIX) is a construction services company that provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services. It serves the mechanical and electrical services industry in the US. It operates through two segments: Mechanical and Electrical. In Q1 2025, Comfort Systems (NYSE:FIX) made $1.83 billion in revenue, which was up 19.15% year-over-year. The Industrial sector accounted for 62% of this total revenue. Within this sector, Advanced Technology, which includes data centers and chip fabrication facilities, stands out as the largest component of overall revenue at 37%. This indicates that advanced technology projects are currently the single largest contributor to Comfort Systems' top line. Q1 2025 saw particularly strong bookings within the technology sub-sector of the Industrial market. Comfort Systems USA, Inc. (NYSE:FIX) anticipates continued strong demand from its tech customers and across the broader Industrial sector, which will contribute to the company's optimistic outlook for 2025 and into 2026. Overall, FIX ranks 3rd on our list of the small-cap construction and materials stocks hedge funds are buying. While we acknowledge the growth potential of FIX, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FIX but that trades at less than 5 times its earnings, 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.
Yahoo
01-05-2025
- Business
- Yahoo
Is NVR, Inc. (NVR) a Small-Cap Construction and Materials Stock Hedge Funds Are Buying?
We recently published a list of the 15 Small-Cap Construction and Materials Stocks Hedge Funds Are Buying. In this article, we are going to take a look at where NVR, Inc. (NYSE:NVR) stands against other small-cap construction and materials stocks. Saira Malik, Nuveen's head of equities and fixed income, joined 'Closing Bell' on CNBC on March 26 to discuss her investment strategy in the middle of this uncertain market. She emphasized that two dominant themes are shaping the second quarter of this year: policy uncertainty and questions surrounding the pace of the economic slowdown. Malik noted that markets have shown a little optimism after a rebound from correction territory. This was driven by investor expectations of watered-down tariffs and the return of the term 'transitory' regarding inflation effects from tariffs. However, she highlighted that the economy continues to slow. Given this, Malik prefers defensive market sectors, particularly infrastructure. She also identified municipal bonds as a favored fixed-income category. These appeal to local investors who seek stable income streams in the middle of this economic uncertainty. Malik also acknowledged the risk that continued negative sentiment about consumer weakness could become a self-fulfilling prophecy. She pointed out that the economy's recent strength has been driven by consumer spending and employment, with about half of payroll growth since 2019 coming from government jobs. The recent data on consumer spending, retail sales, and confidence have been weak, but consumers often express pessimism without reducing spending proportionally. Despite this, she stressed that the economy is slowing and warned that ongoing tariff uncertainty could cause a sharper economic downturn. However, she also mentioned potential upside from forthcoming tax cuts and deregulation, which could provide economic support. Malik explained that the market's recent optimism comes from increasing clarity about tariff implementation and targets. We first sifted through financial media reports, ETFs, and Insider Monkey's Q4 2024 hedge funds database reports to compile a list of the small-cap construction and materials stocks hedge funds are buying. For this article, we define small-cap stocks as those that trade between $10 billion and $30 billion, as of April 28. We then selected the top 15 stocks and ranked them in ascending order of the number of hedge funds that have stakes in them. In cases where an equal number of hedge funds held two or more stocks, we used the market cap as a tiebreaker. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A team of construction workers laboring together to build a townhome complex. Market Capitalization as of April 28: $20.88 billion Number of Hedge Fund Holders: 45 NVR, Inc. (NYSE:NVR) operates as a homebuilder in the US. It operates through the Homebuilding and Mortgage Banking segments. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under different brand names. NVR, Inc. (NYSE:NVR)'s Homebuilding segment reported revenues of $2.35 billion in Q1 2025, which represents a 3% increase year-over-year. This growth was driven by a 1% increase in settlements to 5,133 units and a 2% increase in the average settlement price to $457,900. However, the segment experienced a decrease in new orders by 12% to 5,345 units, and the average sales price of new orders decreased by 1% to $448,500. The cancellation rate also increased to 16% from 13% in the prior year. On April 17, BofA analyst Rafe Jadrosich lowered the price target on NVR, Inc. (NYSE:NVR) to $8,400 from $9,300 while keeping a Buy rating on the shares. This sentiment reflects softer demand at the company. Additionally, BofA expects a challenging environment for homebuilders to continue into H2 2025. Diamond Hill Large Cap Strategy stated the following regarding NVR, Inc. (NYSE:NVR) in its Q3 2024 investor letter: 'Among our top individual contributors in Q3 were Parker-Hannifin, NVR, Inc. (NYSE:NVR) and SBA Communications. Homebuilder NVR benefited from limited existing home sales, combined with still-strong new home buyer demand. Looking forward, lower interest rates may spur further demand.' Overall, NVR ranks 5th on our list of the small-cap construction and materials stocks hedge funds are buying. While we acknowledge the growth potential of NVR as an investment, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NVR but that trades at less than 5 times its earnings, check out our report about the 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. Sign in to access your portfolio
Yahoo
01-05-2025
- Business
- Yahoo
Is Steel Dynamics Inc. (NASDAQ:STLD) a Small-Cap Construction and Materials Stock Hedge Funds Are Buying?
We recently published a list of the 15 Small-Cap Construction and Materials Stocks Hedge Funds Are Buying. In this article, we are going to take a look at where Steel Dynamics Inc. (NASDAQ:STLD) stands against other small-cap construction and materials stocks. Saira Malik, Nuveen's head of equities and fixed income, joined 'Closing Bell' on CNBC on March 26 to discuss her investment strategy in the middle of this uncertain market. She emphasized that two dominant themes are shaping the second quarter of this year: policy uncertainty and questions surrounding the pace of the economic slowdown. Malik noted that markets have shown a little optimism after a rebound from correction territory. This was driven by investor expectations of watered-down tariffs and the return of the term 'transitory' regarding inflation effects from tariffs. However, she highlighted that the economy continues to slow. Given this, Malik prefers defensive market sectors, particularly infrastructure. She also identified municipal bonds as a favored fixed-income category. These appeal to local investors who seek stable income streams in the middle of this economic uncertainty. Malik also acknowledged the risk that continued negative sentiment about consumer weakness could become a self-fulfilling prophecy. She pointed out that the economy's recent strength has been driven by consumer spending and employment, with about half of payroll growth since 2019 coming from government jobs. The recent data on consumer spending, retail sales, and confidence have been weak, but consumers often express pessimism without reducing spending proportionally. Despite this, she stressed that the economy is slowing and warned that ongoing tariff uncertainty could cause a sharper economic downturn. However, she also mentioned potential upside from forthcoming tax cuts and deregulation, which could provide economic support. Malik explained that the market's recent optimism comes from increasing clarity about tariff implementation and targets. We first sifted through financial media reports, ETFs, and Insider Monkey's Q4 2024 hedge funds database reports to compile a list of the small-cap construction and materials stocks hedge funds are buying. For this article, we define small-cap stocks as those that trade between $10 billion and $30 billion, as of April 28. We then selected the top 15 stocks and ranked them in ascending order of the number of hedge funds that have stakes in them. In cases where an equal number of hedge funds held two or more stocks, we used the market cap as a tiebreaker. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A machinist inspecting a freshly-cut steel beam, ready to be shipped to its intended destination. Market Capitalization as of April 28: $19.00 billion Number of Hedge Fund Holders: 45 Steel Dynamics Inc. (NASDAQ:STLD) is a steel producer and metal recycler. It operates through four segments: Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Aluminum Operations. The company is heavily involved in the materials and construction industries. Its products are used in markets like construction, automotive, manufacturing, and transportation. The company's Steel Operations segment made $230 million in operating income for Q1 2025. This was fueled by a record-breaking shipment volume of 3.5 million tons of steel. The segment had to navigate a tightening of metal spreads in this period, with the average realized external steel price experiencing a $13 per ton dip and the average scrap price climbing by $16 per ton. The Steel Operations segment also propelled the Sinton facility's transition to positive EBITDA during the quarter, operating at a commendable average of 86% capacity and frequently surging beyond 90%. 75% to 80% of the Steel Operations' flat-rolled steel business operates under contracts that lag market fluctuations by ~2 months. This suggests that the recent upward trends observed in flat-rolled steel pricing will potentially exert a positive influence on the segment's financial outcomes in Q2. Overall, STLD ranks 6th on our list of the small-cap construction and materials stocks hedge funds are buying. While we acknowledge the growth potential of STLD, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than STLD but that trades at less than 5 times its earnings, check out our report about the 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. Sign in to access your portfolio
Yahoo
01-05-2025
- Business
- Yahoo
Is Jacobs Solutions Inc. (NYSE:J) a Small-Cap Construction and Materials Stock Hedge Funds Are Buying?
We recently published a list of the 15 Small-Cap Construction and Materials Stocks Hedge Funds Are Buying. In this article, we are going to take a look at where Jacobs Solutions Inc. (NYSE:J) stands against other small-cap construction and materials stocks. Saira Malik, Nuveen's head of equities and fixed income, joined 'Closing Bell' on CNBC on March 26 to discuss her investment strategy in the middle of this uncertain market. She emphasized that two dominant themes are shaping the second quarter of this year: policy uncertainty and questions surrounding the pace of the economic slowdown. Malik noted that markets have shown a little optimism after a rebound from correction territory. This was driven by investor expectations of watered-down tariffs and the return of the term 'transitory' regarding inflation effects from tariffs. However, she highlighted that the economy continues to slow. Given this, Malik prefers defensive market sectors, particularly infrastructure. She also identified municipal bonds as a favored fixed-income category. These appeal to local investors who seek stable income streams in the middle of this economic uncertainty. Malik also acknowledged the risk that continued negative sentiment about consumer weakness could become a self-fulfilling prophecy. She pointed out that the economy's recent strength has been driven by consumer spending and employment, with about half of payroll growth since 2019 coming from government jobs. The recent data on consumer spending, retail sales, and confidence have been weak, but consumers often express pessimism without reducing spending proportionally. Despite this, she stressed that the economy is slowing and warned that ongoing tariff uncertainty could cause a sharper economic downturn. However, she also mentioned potential upside from forthcoming tax cuts and deregulation, which could provide economic support. Malik explained that the market's recent optimism comes from increasing clarity about tariff implementation and targets. We first sifted through financial media reports, ETFs, and Insider Monkey's Q4 2024 hedge funds database reports to compile a list of the small-cap construction and materials stocks hedge funds are buying. For this article, we define small-cap stocks as those that trade between $10 billion and $30 billion, as of April 28. We then selected the top 15 stocks and ranked them in ascending order of the number of hedge funds that have stakes in them. In cases where an equal number of hedge funds held two or more stocks, we used the market cap as a tiebreaker. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A team of construction workers managing a complex engineering project. Market Capitalization as of April 25: $14.93 billion Number of Hedge Fund Holders: 42 Jacobs Solutions Inc. (NYSE:J) is in the construction business and engages in the infrastructure & advanced facilities and consulting businesses. It offers consulting, planning, architecture, design, engineering, and infrastructure delivery services such as project, program, and construction management. Jacobs' Infrastructure and Advanced Facilities segment is focused on Water and Environmental Services, which saw adjusted net revenue rise by 11% year-over-year in Q1 2025. Operating profit for this segment improved by 26% year-over-year in this quarter. The growth in Infrastructure and Advanced Facilities spanned all major geographies, with key project wins. These include a 10-year contract for the JXN Water treatment system, which benefits 180,000 residents. The company is also involved in the $15.4 billion River Torrens to Darlington project in Australia and the BusConnects Dublin program in Ireland. Jacobs Solutions Inc. (NYSE:J) anticipates growth in this segment due to a strong backlog and pipeline. Overall, J ranks 7th on our list of the small-cap construction and materials stocks hedge funds are buying. While we acknowledge the growth potential of J, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than J but that trades at less than 5 times its earnings, check out our report about the 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. Sign in to access your portfolio
