From Yahoo Finance: 2025-04-18 10:31:00

Wasatch Global Investors released its first-quarter 2025 investor letter, noting U.S. stocks fell due to economic uncertainties. The Russell 2000® Growth index ended the quarter down -11.12%. Wasatch Small Cap Growth strategy also declined. RBC Bearings Incorporated (NYSE:RBC) was highlighted as a top pick, with a one-month return of -3.56% and a market capitalization of $10.115 billion.

In its Q1 2025 letter, Wasatch Small Cap Growth Strategy praised RBC Bearings Incorporated (NYSE:RBC) for its strong financial performance in aerospace and defense. The company sells precision bearings and components to various industries. The management team’s execution and recent acquisition integration were commended. The stock closed at $321.68 per share on April 17, 2025.

RBC Bearings Incorporated (NYSE:RBC) was not among the 30 most popular stocks among hedge funds in Q4 2024, with 22 hedge fund portfolios holding it. The company reported $394 million in net sales in Q3 2025, a 5.5% increase year-over-year. While RBC Bearings has potential, hedge funds prefer AI stocks for higher returns. Consider AI stocks like NVIDIA for promising investments.



Read more at Yahoo Finance: RBC Bearings (RBC) Surged on Strong Financial Results