Artisan Partners, an investment management company, released its “Artisan Value Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The equity market rally persisted in the third quarter as investors ignored tariffs, buoyed by strong corporate earnings, rising AI investment, and prospects of economic support from US fiscal policy and lower interest rates. Against...
Artisan Partners, an investment management company, released its “Artisan Value Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The equity market rally persisted in the third quarter as investors ignored tariffs, buoyed by strong corporate earnings, rising AI investment, and prospects of economic support from US fiscal policy and lower interest rates. Against this backdrop, the fund’s Investor Class ARTLX, Advisor Class APDLX, and Institutional Class APHLX returned 0.83%, 0.91%, and 0.90%, respectively, in the third quarter compared to a 5.33% return for the Russell 1000 Value Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2025. In its third-quarter 2025 investor letter, Artisan Value Fund highlighted stocks such as Alphabet Inc. (NASDAQ:GOOG). Alphabet Inc. (NASDAQ:GOOG), the parent company of Google, offers various platforms and services operating through Google Services, Google Cloud, and Other Bets segments. The one-month return for Alphabet Inc. (NASDAQ:GOOG) was -0.05%, and its shares gained 63.45% over the last 52 weeks. On December 26, 2025, Alphabet Inc. (NASDAQ:GOOG) stock closed at $314.96 per share, with a market capitalization of $3.79 trillion. Artisan Value Fund stated the following regarding Alphabet Inc. (NASDAQ:GOOG) in its third quarter 2025 investor letter:
Broadcom Inc. (NASDAQ:AVGO) is among the Growth Stock Portfolio: 12 Stock Picks By Ken Fisher. Deutsche Bank Is Bullish On Broadcom Inc. (AVGO) On December 12, 2025, Thefly reported that Deutsche Bank increased its price objective for Broadcom Inc. (NASDAQ:AVGO) from $400 to $430 while keeping a buy rating. The business highlighted the company’s fiscal fourth-quarter performance, labeling growth a...
Broadcom Inc. (NASDAQ:AVGO) is among the Growth Stock Portfolio: 12 Stock Picks By Ken Fisher. Deutsche Bank Is Bullish On Broadcom Inc. (AVGO) On December 12, 2025, Thefly reported that Deutsche Bank increased its price objective for Broadcom Inc. (NASDAQ:AVGO) from $400 to $430 while keeping a buy rating. The business highlighted the company’s fiscal fourth-quarter performance, labeling growth as impressive. As stated in the commentary, the firm pointed out that although the results showed good performance, the growth came at a cost. On December 12, Broadcom Inc. (NASDAQ:AVGO) warned that increasing sales of lower-margin custom AI chips would decrease profitability, which caused the company’s stock to drop more than 11%. Following a 10.8% decline in Oracle shares the day before due to debt-funded AI infrastructure expenditure, the margin warning heightened investor fears about returns from significant AI spending. The business stated that the margins will remain under pressure due to a higher proportion of AI sales, despite reporting a $73 billion backlog to ship in the next 18 months. The stock has increased by over 46.72% so far this year. Melius Research’s Ben Reitzes stated that, considering the high spending plans, panic is premature. Meanwhile, the announcement of a new custom AI chip in 2026, a new $11 billion order for an AI chip from Anthropic for the second half of 2026, and guidance for artificial intelligence revenue in the January quarter were all significant highlights of the last quarter. Broadcom Inc. (NASDAQ:AVGO) is one of the world’s leading semiconductor businesses, and it has expanded into infrastructure software. While we acknowledge the potential of AVGO 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-...
Microsoft Corporation (NASDAQ:MSFT) is one of the Best Quality Stocks to Buy Before 2026. On December 22, Dan Ives of Wedbush Securities appeared on a CNBC Television interview to talk about his bull case for Microsoft Corporation (NASDAQ:MSFT). He says that investors are underestimating Microsoft and Azure growth. Ives highlighted that during the last month, the company witnessed a 20% to 25% a...
Microsoft Corporation (NASDAQ:MSFT) is one of the Best Quality Stocks to Buy Before 2026. On December 22, Dan Ives of Wedbush Securities appeared on a CNBC Television interview to talk about his bull case for Microsoft Corporation (NASDAQ:MSFT). He says that investors are underestimating Microsoft and Azure growth. Ives highlighted that during the last month, the company witnessed a 20% to 25% acceleration in deals, as a result of AI use cases finally exploding. He added that with the company expected to release earnings in January, Microsoft Corporation (NASDAQ:MSFT) is a table pounder, and 2026 is its call year. Ives also believes that among hyperscalers, Microsoft has been the most overlooked and least respected. Regarding valuation concerns of the AI hyperscalers and whether Microsoft Corporation (NASDAQ:MSFT) is immune to these valuation threats, Ives noted that investors are still underestimating the growth numbers. He elaborated that the demand-to-supply ratio stands at 12 to 1, suggesting huge room for growth. Ives believes that the Street is underestimating Microsoft’s 2026 growth figures by at least 15% to 20%. That said, Dan Ives maintained an Overweight rating on Microsoft Corporation (NASDAQ:MSFT) with a $625 price target, suggesting more than 28% upside from the current level. While we acknowledge the potential of MSFT 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: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Intel (INTC) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this world's largest chipmaker have returned -1.8% over the past month versus the Zacks S&P 500 composite's +2.6% change. The Zacks Semiconductor - General industry, to which Intel belongs, has gained 6% ...
Intel (INTC) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this world's largest chipmaker have returned -1.8% over the past month versus the Zacks S&P 500 composite's +2.6% change. The Zacks Semiconductor - General industry, to which Intel belongs, has gained 6% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Revisions to Earnings Estimates Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. Intel is expected to post earnings of $0.08 per share for the current quarter, representing a year-over-year change of -38.5%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged. For the current fiscal year, the consensus earnings estimate of $0.34 points to a change of +361.5% from the prior year. Over the last 30 days, this estimate has changed +12%. For the next fiscal year, the consensus ea...
Tesla (TSLA) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this electric car maker have returned +13.8% over the past month versus the Zacks S&P 500 composite's +2.6% change. The Zacks Automotive - Domestic industry, to which Tesla belongs, has gained 14.8...
Tesla (TSLA) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this electric car maker have returned +13.8% over the past month versus the Zacks S&P 500 composite's +2.6% change. The Zacks Automotive - Domestic industry, to which Tesla belongs, has gained 14.8% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate Revisions Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. For the current quarter, Tesla is expected to post earnings of $0.46 per share, indicating a change of -37% from the year-ago quarter. The Zacks Consensus Estimate has changed +3.8% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $1.63 points to a change of -32.6% from the prior year. Over the last 30 days, this estimate has changed -1%. For the next fiscal year, the consensus e...
Quick Read Broadcom (AVGO) has a P/E ratio exceeding 70x and pays a small dividend. On the other hand, Broadcom’s expected $73 billion AI product backlog should jump-start AVGO stock to new heights. If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to realize they can retire earlier than expected. take 5 minutes to learn more here Some...
Quick Read Broadcom (AVGO) has a P/E ratio exceeding 70x and pays a small dividend. On the other hand, Broadcom’s expected $73 billion AI product backlog should jump-start AVGO stock to new heights. If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to realize they can retire earlier than expected. take 5 minutes to learn more here Sometimes in discussions about artificial intelligence (AI) hardware providers, Broadcom (NASDAQ:AVGO) gets left out of the conversation. Yet, it's a mistake for technology investors to overlook Broadcom and AVGO stock. Along with the potential for a Broadcom stock split, there may be a value proposition for investors here. In five years, unless there's a catastrophic event, Broadcom shares could trade much higher than they do today. If that happens, you'll wish you had gotten in before the rocket ride started. When all is said and done, value investors should open their minds and consider AVGO stock a bargain even if it's not immediately obvious. Not an Obviously Attractive Stock At first glance, some investors might not be immediately find Broadcom stock attractive. For one thing, the share price recently pulled back from nearly $415 to $340, representing a scary 18% drawdown. That's not necessarily a bad thing, though, if you're a value investor looking to hold AVGO stock for five years. Maybe the 18% share-price correction was needed in order to bring Broadcom down to a low valuation. This theory is difficult to support with old-school metrics, however. For example, Broadcom has a trailing 12-month price-to-earnings (P/E) ratio of 71x to 72x, which doesn't look like a bargain. Furthermore, Broadcom's forward annual dividend yield of 0.76% probably won't impress many income investors. Sometimes a share-price pullback will set the stage for a high dividend yield, but this apparently hasn't happened with AVGO stock. Broadcom's Knockout Quarter In order to justify a five-year b...