From Yahoo Finance: 2025-04-07 08:28:00

TimesSquare Capital Management released its “U.S. Focus Growth Strategy” Q4 2024 investor letter, showing a -1.35% (gross) and -1.56% (net) return compared to the Russell Midcap Growth Index’s 8.14%. Top holdings include HubSpot, Inc. (NYSE:HUBS), a CRM platform provider with declining stock value.

In Q4 2024, TimesSquare Capital Management highlighted HubSpot, Inc. (NYSE:HUBS) in its investor letter, praising the company’s strong execution and innovative CRM platform. HubSpot’s stock had a one-month return of -14.50% and closed at $501.50 per share on April 4, 2025.

Despite HubSpot, Inc. (NYSE:HUBS) not being a top choice among hedge funds, it saw a 20% YoY revenue increase in Q4 2024. While the stock shows promise, TimesSquare Capital Management believes AI stocks offer greater potential. For investors seeking AI stocks with high returns, check out their report on the cheapest AI stock.

Read more: What Makes HubSpot (HUBS) a Prospective Investment?