From Yahoo Finance: 2025-03-31 10:01:00

River Road Asset Management released its Q4 2024 investor letter, showing AMG River Road Small Cap Value Fund outperformed the Russell 2000® Value Index, returning 7.35% in Q4 and 14.07% for the year. Stocks rallied after a Republican victory but declined post-Fed comments. The fund’s top picks for 2024 can be found in its top five holdings.

In Q4 2024, River Road Small Cap Value Fund highlighted CoreCivic, Inc. (NYSE:CXW), which operates correctional facilities. The stock saw a one-month return of 9.96% and a 52-week gain of 28.64%. On March 28, 2025, CoreCivic, Inc. (NYSE:CXW) closed at $20.41 per share with a market cap of $2.181 billion. The fund is optimistic about the company’s prospects.

River Road Small Cap Value Fund noted CoreCivic, Inc. (NYSE:CXW) as a top contributor in its Q4 2024 investor letter. The fund expects increased demand for CXW detention beds due to government plans, giving the industry pricing power. Despite lagging behind GEO, CXW is investing in electronic monitoring, positioning itself for growth. The fund trimmed its position in CXW.

CoreCivic, Inc. (NYSE:CXW) is not among the 30 most popular stocks among hedge funds, with 30 portfolios holding it in Q4. While acknowledging CXW’s potential, the focus remains on AI stocks for higher returns. A report on a promising AI stock trading at a discount is available for those seeking opportunities in the sector.



Read more at Yahoo Finance: CoreCivic (CXW) Rallied after Presidential Election