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NXP Semiconductors N.V. (NXPI) Traded Down on Uncertain Auto Demand

Sound Shore Management, an investment management firm, has released its investor letter for the third quarter of 2024. A copy of the letter can be downloaded here. The fund’s Investor Class (SSHFX) and Institutional Class (SSHVX) appreciated 6.70% and 6.74%, respectively, in the third quarter of 2024, outperforming 5.89% return for the Standard & Poor’s 500 Index (S&P 500), and trailing 9.43% return for the Russell 1000 Value Index (Russell Value). In addition, please check the fund’s top five holdings to know its best picks in 2024.

Sound Shore Management highlighted stocks like...