Verisk Analytics reported strong revenue growth in Q4 2024, making it a potential profitable investment.
From Yahoo Finance: 2025-04-07 08:30:00
TimesSquare Capital Management reported a -1.35% (gross) and -1.56% (net) return in Q4 2024, compared to 8.14% for the Russell Midcap Growth Index. Top holdings include Verisk Analytics, Inc., with shares closing at $284.99 on April 4, 2025. Verisk Analytics, Inc. generated $736 million in revenues in Q4 2024, an 8.6% increase from the previous year.
TimesSquare Capital Management added to its position in Verisk Analytics, Inc. during Q4 2024, despite only a 3% gain. The company provides data analytics and technology services to the insurance market, surpassing revenue and profit projections. With 40 hedge fund portfolios holding Verisk Analytics, Inc. at the end of Q4 2024, the company remains a solid investment option.
Verisk Analytics, Inc. is not among the 30 most popular stocks among hedge funds but showed an 8.6% revenue increase in Q4 2024. While the company has potential, TimesSquare Capital Management believes AI stocks offer higher returns in a shorter timeframe. For investors seeking a promising AI stock at a discount, consider the report on the cheapest AI stock trading at less than 5 times its earnings.
Read more at Yahoo Finance: Is Verisk Analytics (VRSK) a Profitable Investment?