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. For the first quarter, the S&P/TSX returned +1.5%, the S&P500 returned -4.2%, and the Nasdaq returned –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.
We covered Check Point Software Technologies Ltd. (NASDAQ:CHKP) in another article, where we shared AI news updates on Wall Street’s radar. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors.
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Disclosure: None. This article is originally published at Insider Monkey.