Soumya Eswaran
Thu, Apr 10, 2025, 5:35 AM 3 min read
Cedar Grove Capital Management, an concern absorption company, released its archetypal 4th 2025 capitalist letter. A transcript of the missive tin be downloaded here. The strategy returned 0.38% successful the archetypal 4th compared to -4.27% for the S&P 500 and -9.51% for the Russell 2000. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.
In its archetypal 4th 2025 capitalist letter, Cedar Grove Capital Management emphasized stocks specified arsenic LENSAR, Inc. (NASDAQ:LNSR). LENSAR, Inc. (NASDAQ:LNSR) is simply a commercial-stage aesculapian instrumentality company. The one-month instrumentality of LENSAR, Inc. (NASDAQ:LNSR) was -6.64%, and its shares gained 325.94% of their worth implicit the past 52 weeks. On April 9, 2025, LENSAR, Inc. (NASDAQ:LNSR) banal closed astatine $13.63 per stock with a marketplace capitalization of $160.703 million.
Cedar Grove Capital Management stated the pursuing regarding LENSAR, Inc. (NASDAQ:LNSR) successful its Q1 2025 capitalist letter:
"LENSAR, Inc. (NASDAQ:LNSR) was a caller sanction that we pitched agelong adjacent the extremity of February, calling it profoundly undervalued and having galore characteristics that were perfect for an outsized instrumentality successful the coming years.
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LENSAR, Inc. (NASDAQ:LNSR) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 5 hedge money portfolios held LENSAR, Inc. (NASDAQ:LNSR) astatine the extremity of the 4th fourth compared to 5 successful the 3rd quarter. In 2024, LENSAR, Inc. (NASDAQ:LNSR) experienced notable gross growth, with fourth-quarter top-line gross reaching a grounds of $16.7 million—marking a 38% summation compared to Q4 2023. While we admit the imaginable of LENSAR, Inc. (NASDAQ:LNSR) arsenic an investment, our condemnation lies successful the content that AI stocks clasp greater committedness for delivering higher returns, and doing truthful wrong a shorter timeframe. If you are looking for an AI banal that is arsenic promising arsenic NVIDIA but that trades astatine little than 5 times its earnings, cheque retired our study astir the cheapest AI stock.