Applied Materials (AMAT) Declined Due To a General Pullback By Investors

Aristotle Atlantic Partners, LLC, an investment advisor, released its “Core Equity Strategy” third quarter 2024 investor letter. A copy of the letter can be downloaded here. The U.S. equity market continued to climb to new record highs, with the S&P 500 Index increasing by 5.89% during this time. Ten of the eleven sectors in the S&P 500 Index experienced gains, with Utilities and Real Estate at the forefront. Conversely, Energy and Information Technology were the least successful sectors. Aristotle Atlantic’s Core Equity strategy returned 3.19% gross of fees (3.09% net of fees) in...