Latest news with #growthfund
Yahoo
a day ago
- Business
- Yahoo
MercadoLibre (MELI) Delivered Robust Results in Q1
Lakehouse Capital, a Sydney-based investment manager, released its 'Lakehouse Global Growth Fund' May 2025 investor letter. A copy of the letter can be downloaded here. May proved to be a favorable month for the Fund, driven by a boost in investor sentiment and solid results from portfolio holdings. Overall, the firm remains satisfied with the strong fundamental performance and long-term growth outlook of its portfolio holdings. The Fund returned 6.1% net of fees and expenses for the month compared to 5.1% for its benchmark. Since its inception in December 2017, the Fund has returned 250.6% compared to 133.8% for its benchmark, the MSCI All Country World Index, Net Total Returns (AUD). In addition, please check the fund's top five holdings to know its best picks in 2025. In its May 2025 investor letter, Lakehouse Global Growth Fund highlighted stocks such as MercadoLibre, Inc. (NASDAQ:MELI). MercadoLibre, Inc. (NASDAQ:MELI) is an online commerce platform that operates Mercado Libre Marketplace and Mercado Pago FinTech platforms. The one-month return of MercadoLibre, Inc. (NASDAQ:MELI) was -2.62%, and its shares gained 57.97% of their value over the last 52 weeks. On July 3, 2025, MercadoLibre, Inc. (NASDAQ:MELI) stock closed at $2,514.05 per share, with a market capitalization of $127.456 billion. Lakehouse Global Growth Fund stated the following regarding MercadoLibre, Inc. (NASDAQ:MELI) in its May 2025 investor letter: "Buenos Aires-based e-commerce leader MercadoLibre, Inc. (NASDAQ:MELI) delivered another strong result with an impressive balance of growth and profitability. Net revenue grew 37% year-on-year to $5.9 billion while operating income grew 45% to US$763 million. It's core marketplace business grew across all major regions and total gross merchandise volume (GMV) increased 26% year-on-year to $13.3 billion. Argentina was a bright spot, with GMV growing 77% in USD terms as the economy continues to experience a rapid recovery. The platform's key metrics remained healthy with unique buyers increasing 25% to 67 million – the strongest growth since early 2021 – and items sold growing 26%. A customer using their phone to access an online commerce platform. MercadoLibre, Inc. (NASDAQ:MELI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 108 hedge fund portfolios held MercadoLibre, Inc. (NASDAQ:MELI) at the end of the first quarter which was 96 in the previous quarter. While we acknowledge the potential of MercadoLibre, Inc. (NASDAQ:MELI) 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 MercadoLibre, Inc. (NASDAQ:MELI) and shared the list of best NASDAQ growth stocks to buy for the next 3 years. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of MELI 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. 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
2 days ago
- Business
- Yahoo
Should You be Confident in Amazon's (AMZN) Ability to Deliver Years of Solid Revenue Growth and Margin Expansion?
Lakehouse Capital, a Sydney-based investment manager, released its 'Lakehouse Global Growth Fund' May 2025 investor letter. A copy of the letter can be downloaded here. May proved to be a favorable month for the Fund, driven by a boost in investor sentiment and solid results from portfolio holdings. Overall, the firm remains satisfied with the strong fundamental performance and long-term growth outlook of its portfolio holdings. The Fund returned 6.1% net of fees and expenses for the month compared to 5.1% for its benchmark. Since its inception in December 2017, the Fund has returned 250.6% compared to 133.8% for its benchmark, the MSCI All Country World Index, Net Total Returns (AUD). In addition, please check the fund's top five holdings to know its best picks in 2025. In its May 2025 investor letter, Lakehouse Global Growth Fund highlighted stocks such as Inc. (NASDAQ:AMZN). Inc. (NASDAQ:AMZN) provides consumer products, advertising, and subscription services through online and physical stores. The one-month return of Inc. (NASDAQ:AMZN) was 7.46%, and its shares gained 13.07% of their value over the last 52 weeks. On July 3, 2025, Inc. (NASDAQ:AMZN) stock closed at $223.41 per share, with a market capitalization of $2.372 trillion. Lakehouse Global Growth Fund stated the following regarding Inc. (NASDAQ:AMZN) in its May 2025 investor letter: " Inc. (NASDAQ:AMZN) reported a solid quarterly result with net sales up 9% year-on-year (10% in constant currency terms) to $155.7 billion and operating profit up 20% to $18.4 billion. The company's core e-commerce business remained resilient in the face of potential tariffs, with management noting they hadn't seen any material change in consumer buying behaviour as at the end of April. Amazon web services (AWS) grew 17% to $29.3 billion which was a slight deceleration from the 19% delivered last quarter. Whilst this seems disappointing at first blush, management reiterated that demand is very strong they are still capacity constrained. Artificial intelligence (AI) continues to be a key growth driver with AI workloads growing in excess of 100% year-on-year on AWS. Overall, it was a positive result, and we remain confident that the company is set to deliver many years of solid revenue growth and margin expansion." A customer entering an internet retail store, illustrating the convenience of online shopping. Inc. (NASDAQ:AMZN) is in first position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 328 hedge fund portfolios held Inc. (NASDAQ:AMZN) at the end of the first quarter compared to 339 in the fourth quarter. In Q1 2025, Inc. (NASDAQ:AMZN) achieved global revenue of $155.7 billion, representing an 10% year-over-year growth excluding the impact of foreign exchange. While we acknowledge the potential of Inc. (NASDAQ:AMZN) 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 Inc. (NASDAQ:AMZN) and shared the list of best places to invest money without risk. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of AMZN 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. 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. 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