From Yahoo Finance: 2025-05-26 10:53:00

Weitz Investment Management’s Multi-Cap Equity Fund returned +0.81% in Q1 2025, outperforming the Russell 3000. Concerns arose when Chinese company DeepSeek unveiled a cost-effective AI model, impacting US firms’ spending strategies. Trade and tariff uncertainties challenge investor confidence, leading to equities declining as the quarter closes. Check the fund’s top 5 holdings for 2025 picks.

Perimeter Solutions, Inc. (NYSE: PRM) highlighted in Weitz Multi-Cap Equity Fund’s Q1 2025 letter. Founded in 1963, PRM manufactures firefighting products. PRM stock gained 54.75% over 52 weeks, closing at $11.73 per share on May 23, 2025, with a market cap of $1.733 billion. Investors await reduced wildfire activity in 2025.

Perimeter Solutions, Inc. (NYSE: PRM) reported strong Q4 but saw share decline in Q1 2025. Investors anticipate reduced wildfires in 2025 and are skeptical of IMS Corp acquisition. Management seeks to diversify through acquisitions for organic growth and new business lines.

Perimeter Solutions, Inc. (NYSE: PRM) saw a 22% increase in Q1 2025 consolidated sales to $72 million. While potential exists for PRM as an investment, AI stocks may offer higher returns in a shorter timeframe. Explore undervalued AI stocks with promising potential for significant gains.

Read more: Perimeter Solutions (PRM) Declined in Q1 Despite Strong Results