In This Article:
GreensKeeper Asset Management, an investment management company, released its first quarter 2025 investor letter. A copy of the letter can be downloaded here. Markets had a difficult start to 2025; with high levels of volatility in all of the main indices. The Value Fund finished the first quarter +3.0% net of fees and expenses net of fees and expenses. For the first quarter, the S&P/TSX retuned +1.5%, the S&P500 -4.2% and the Nasdaq –10.2%. The markets fell around 10% this past week as a result of President Trump's April 2 "Liberation Day" tariff announcement. 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, GreensKeeper Asset Management emphasized stocks such as Check Point Software Technologies Ltd. (NASDAQ:CHKP). Check Point Software Technologies Ltd. (NASDAQ:CHKP) develops, markets, and supports products and services for IT security. The one-month return of Check Point Software Technologies Ltd. (NASDAQ:CHKP) was 2.10%, and its shares gained 34.49% of their value over the last 52 weeks. On April 9, 2025, Check Point Software Technologies Ltd. (NASDAQ:CHKP) stock closed at $219.41 per share with a market capitalization of $23.777 billion.
GreensKeeper Asset Management stated the following regarding Check Point Software Technologies Ltd. (NASDAQ:CHKP) in its Q1 2025 investor letter:
"Our third top performer in the quarter was Check Point Software Technologies Ltd. (NASDAQ:CHKP) +22.1%. CHKP’s enterprise cyber security solutions continue to gain traction in the market, supported by growing demand for advanced network security. Recently appointed CEO Nadav Zafrir, a pioneer in the Israeli cyber-security market, has bolstered the company’s executive sales force in efforts to accelerate growth. CHKP is well-capitalized, with over $2.5 billion of excess cash on the balance sheet, and continues to actively repurchase its own shares."
An engineer typing on a computer, developing the latest cybersecurity application.
Check Point Software Technologies Ltd. (NASDAQ:CHKP) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 40 hedge fund portfolios held Check Point Software Technologies Ltd. (NASDAQ:CHKP) at the end of the fourth quarter compared to 32 in the third quarter. The fourth quarter revenue of Check Point Software Technologies Ltd.'s (NASDAQ:CHKP) revenue reached $704 million, which was above the mid-point of guidance range. While we acknowledge the potential of Check Point Software Technologies Ltd. (NASDAQ:CHKP) 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.