From Yahoo Finance: 2025-04-28 09:59:00

SouthernSun Asset Management, LLC released its first quarter 2025 investor letter, reporting a -8.60% return for its SMID Cap Strategy compared to -7.50% for the Russell 2500 Index. The top holding highlighted was Watsco, Inc. (NYSE:WSO), a distributor of air conditioning equipment. Watsco stock closed at $456.08 per share with a market cap of $18.821 billion. The company’s outlook is positive due to strong sales growth and strategic investments in technology. Hedge funds have shown interest in Watsco, Inc. (NYSE:WSO), with 33 portfolios holding the stock in the fourth quarter. However, Insider Monkey suggests that AI stocks may offer better returns in a shorter timeframe compared to Watsco, Inc. (NYSE:WSO).



Read more at Yahoo Finance: Does Watsco (WSO) have a Long Runway for Growth?