Positive
From Yahoo Finance: 2025-06-30 08:18:00
Riverwater Partners’ Small Cap Strategy outperformed the Russell 2000 in Q1 2025, focusing on bottom-up fundamental research. StoneX Group Inc. (NASDAQ:SNEX) was highlighted in the investor letter, with a one-month return of 7.92% and a market cap of $4.47 billion. 23 hedge funds held SNEX at the end of Q1 2025, with reported earnings of $71.7 million, reflecting a 35% year-over-year increase. The firm’s conviction lies in AI stocks for higher returns within a shorter timeframe.
Read more: What Makes StoneX Group (SNEX) a Defensive Financial Services Firm?