Latest news with #TheLondonCompany
Yahoo
14-05-2025
- Business
- Yahoo
FedEx Corporation (FDX) Slid on Underwhelming Segment Result
The London Company, an investment management company, released 'The London Company Large Cap Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The US equities experienced a correction in the first quarter following two years of robust performance. The portfolio returned 2.4% (2.3%, net) during the quarter compared to a 4.5% increase for the Russell 1000 Index. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, The London Company Large Cap Strategy highlighted stocks such as FedEx Corporation (NYSE:FDX). Founded in 1971, FedEx Corporation (NYSE:FDX) offers transportation, e-commerce, and business services. The one-month return of FedEx Corporation (NYSE:FDX) was -15.70%, and its shares lost 10.95% of their value over the last 52 weeks. On May 13, 2025, FedEx Corporation (NYSE:FDX) stock closed at $231.15 per share with a market capitalization of $55.358 billion. The London Company Large Cap Strategy stated the following regarding FedEx Corporation (NYSE:FDX) in its Q1 2025 investor letter: "FedEx Corporation (NYSE:FDX) - FDX shares lagged this quarter due to underwhelming segment results due to a slowing freight backdrop. Management implemented an aggressive cost-cutting plan to improve margins. Despite these challenges, we remain optimistic about FDX's long-term outlook as the Freight separation could unlock value and its network is well-positioned to benefit from a freight recovery." A driver unloading packages from a van for a time-critical delivery. FedEx Corporation (NYSE:FDX) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 66 hedge fund portfolios held FedEx Corporation (NYSE:FDX) at the end of the fourth quarter which was 55 in the previous quarter. While we acknowledge the potential of FedEx Corporation (NYSE:FDX) 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. In another article, we covered FedEx Corporation (NYSE:FDX) and shared the list of worst blue-chip stocks to buy. 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
14-05-2025
- Business
- Yahoo
What Makes Berkshire Hathaway (BRK-B) a Better Investment?
The London Company, an investment management company, released 'The London Company Large Cap Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The US equities experienced a correction in the first quarter following two years of robust performance. The portfolio returned 2.4% (2.3%, net) during the quarter compared to a 4.5% increase for the Russell 1000 Index. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, The London Company Large Cap Strategy highlighted stocks such as Berkshire Hathaway Inc. (NYSE:BRK-B). Berkshire Hathaway Inc. (NYSE:BRK-B) engages in insurance, freight rail transportation, and utility businesses. The one-month return of Berkshire Hathaway Inc. (NYSE:BRK-B) was -3.08%, and its shares gained 24.78% of their value over the last 52 weeks. On May 13, 2025, Berkshire Hathaway Inc. (NYSE:BRK-B) stock closed at $511.88 per share with a market capitalization of $1.104 trillion. The London Company Large Cap Strategy stated the following regarding Berkshire Hathaway Inc. (NYSE:BRK-B) in its Q1 2025 investor letter: "Berkshire Hathaway Inc. (NYSE:BRK-B) - BRK.B stock outperformed in the quarter, which we believe is attributable to a broader flight to safety amidst the turbulence and uncertainty of executive actions from President Trump. We like the company for its diversified operations, conservative underwriting, strong balance sheet, and prudent management team. A team of insurance professionals in a boardroom overlooking a city skyline. Berkshire Hathaway Inc. (NYSE:BRK-B) is in 15th position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 131 hedge fund portfolios held Berkshire Hathaway Inc. (NYSE:BRK-B) at the end of the fourth quarter which was 120 in the previous quarter. While we acknowledge the potential of Berkshire Hathaway Inc. (NYSE:BRK-B) 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. In another article, we covered Berkshire Hathaway Inc. (NYSE:BRK-B) and shared the list of stocks Jim Cramer recently discussed. 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
14-05-2025
- Business
- Yahoo
FedEx Corporation (FDX) Slid on Underwhelming Segment Result
The London Company, an investment management company, released 'The London Company Large Cap Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The US equities experienced a correction in the first quarter following two years of robust performance. The portfolio returned 2.4% (2.3%, net) during the quarter compared to a 4.5% increase for the Russell 1000 Index. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, The London Company Large Cap Strategy highlighted stocks such as FedEx Corporation (NYSE:FDX). Founded in 1971, FedEx Corporation (NYSE:FDX) offers transportation, e-commerce, and business services. The one-month return of FedEx Corporation (NYSE:FDX) was -15.70%, and its shares lost 10.95% of their value over the last 52 weeks. On May 13, 2025, FedEx Corporation (NYSE:FDX) stock closed at $231.15 per share with a market capitalization of $55.358 billion. The London Company Large Cap Strategy stated the following regarding FedEx Corporation (NYSE:FDX) in its Q1 2025 investor letter: "FedEx Corporation (NYSE:FDX) - FDX shares lagged this quarter due to underwhelming segment results due to a slowing freight backdrop. Management implemented an aggressive cost-cutting plan to improve margins. Despite these challenges, we remain optimistic about FDX's long-term outlook as the Freight separation could unlock value and its network is well-positioned to benefit from a freight recovery." A driver unloading packages from a van for a time-critical delivery. FedEx Corporation (NYSE:FDX) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 66 hedge fund portfolios held FedEx Corporation (NYSE:FDX) at the end of the fourth quarter which was 55 in the previous quarter. While we acknowledge the potential of FedEx Corporation (NYSE:FDX) 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. In another article, we covered FedEx Corporation (NYSE:FDX) and shared the list of worst blue-chip stocks to buy. 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
14-05-2025
- Business
- Yahoo
The London Company Large Cap Strategy Increased its Stake in Old Dominion Freight Line (ODFL) on a Dip
The London Company, an investment management company, released 'The London Company Large Cap Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The US equities experienced a correction in the first quarter following two years of robust performance. The portfolio returned 2.4% (2.3%, net) during the quarter compared to a 4.5% increase for the Russell 1000 Index. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, The London Company Large Cap Strategy highlighted stocks such as Old Dominion Freight Line, Inc. (NASDAQ:ODFL). Old Dominion Freight Line, Inc. (NASDAQ:ODFL) is a less-than-truckload motor carrier that provides regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. The one-month return of Old Dominion Freight Line, Inc. (NASDAQ:ODFL) was 12.10%, and its shares lost 5.83% of their value over the last 52 weeks. On May 13, 2025, Old Dominion Freight Line, Inc. (NASDAQ:ODFL) stock closed at $171.34 per share with a market capitalization of $36.208 billion. The London Company Large Cap Strategy stated the following regarding Old Dominion Freight Line, Inc. (NASDAQ:ODFL) in its Q1 2025 investor letter: "Increased: Old Dominion Freight Line, Inc. (NASDAQ:ODFL) - We used excess cash to add to ODFL. The company has been under pressure due to the prolonged freight environment, but is positioned strongly for an eventual recovery. It is worth noting, the CFO purchased over $400K recently." A large fleet of freight trucks travelling down an interstate highway. Old Dominion Freight Line, Inc. (NASDAQ:ODFL) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 50 hedge fund portfolios held Old Dominion Freight Line, Inc. (NASDAQ:ODFL) at the end of the fourth quarter which was 38 in the previous quarter. In Q1 2025, Old Dominion Freight Line, Inc. (NASDAQ:ODFL) reported revenue of $1.37 billion, showing a 5.8% increase compared to Q1 2024. While we acknowledge the potential of Old Dominion Freight Line, Inc. (NASDAQ:ODFL) 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. In another article, we covered Old Dominion Freight Line, Inc. (NASDAQ:ODFL) and shared the list of best buy-the-dip stocks to buy. 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
14-05-2025
- Business
- Yahoo
The London Company Large Cap Strategy Exited The Home Depot (HD) in Q1
The London Company, an investment management company, released 'The London Company Large Cap Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The US equities experienced a correction in the first quarter following two years of robust performance. The portfolio returned 2.4% (2.3%, net) during the quarter compared to a 4.5% increase for the Russell 1000 Index. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its first-quarter 2025 investor letter, The London Company Large Cap Strategy highlighted stocks such as The Home Depot, Inc. (NYSE:HD). The Home Depot, Inc. (NYSE:HD) is a home improvement retailer. The one-month return of The Home Depot, Inc. (NYSE:HD) was 5.50%, and its shares gained 9.72% of their value over the last 52 weeks. On May 13, 2025, The Home Depot, Inc. (NYSE:HD) stock closed at $373.60 per share with a market capitalization of $371.331 billion. The London Company Large Cap Strategy stated the following regarding The Home Depot, Inc. (NYSE:HD) in its Q1 2025 investor letter: "Exited: The Home Depot, Inc. (NYSE:HD) - Sale reflects a relatively high valuation (18.6x trailing EBITDA) along with a mixed outlook for consumer spending and housing activity. While the aging housing base and stable housing values are a positive for home improvement spending, we note that we already have exposure via Lowe's and didn't feel the need to own both companies." A family selecting a wood and wire closet organization in a home improvement store. The Home Depot, Inc. (NYSE:HD) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 88 hedge fund portfolios held The Home Depot, Inc. (NYSE:HD) at the end of the fourth quarter which was 82 in the previous quarter. While we acknowledge the potential of The Home Depot, Inc. (NYSE:HD) 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. In another article, we covered The Home Depot, Inc. (NYSE:HD) and shared the list of best and worst Dow stocks. 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.
