11 Best Performing Stocks So Far In 2025

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1. Xunlei Ltd. (NASDAQ:XNET)

Year-to-Date Performance as of March 21: 154.77%

Number of Hedge Fund Holders: 4

Xunlei Ltd. (NASDAQ:XNET) operates an internet platform for digital media content using cloud technology. Its services include download acceleration tools, mobile applications, media players, online gaming, advertising, and live streaming. It also offers cloud computing services through OneThing Cloud and StellarCloud, edge computing hardware, and blockchain infrastructure via ThunderChain.

In Q4 2024, the company’s subscription service brought in $34.4 million, which was a 9% improvement from the year before. The company now has 6.38 million subscribers, which is up from 5.99 million year-over-year. 77% of these subscribers are paying for the premium service. For the entire year of 2024, the subscription service generated $133.7 million, which showed a 12% growth.

Xunlei Ltd. (NASDAQ:XNET) is partnering with mobile phone companies to reach new users and adding new features to its service. It has also acquired Hupu, which the company expects will bring in even more users. Hupu is a sports media and data platform in China which is known for its strong online community and comprehensive coverage of sports news and discussions. Xunlei Ltd.’s (NASDAQ:XNET) total revenue for Q4 2024 was $84.3 million, which was up 9.3%. For the first quarter of 2025, the company expects total revenue to be between $85 and $89 million.

While we acknowledge the growth potential of Xunlei Ltd. (NASDAQ:XNET), our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than XNET but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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