TimesSquare Capital Management released its second-quarter 2025 investor letter, reporting a 13.13% return (gross) and 12.91% return (net) compared to the Russell Midcap® Growth Index’s 18.20% return. Equities saw double-digit returns due to global economic activity measures. Check out the fund’s top five holdings for 2025’s best picks. Carpenter Technology Corporation (NYSE: CRS) was highlighted in the letter, with a one-month return of 0.61% and a 52.72% gain over the past 52 weeks. The stock closed at $241.29 per share on September 29, 2025, with a market cap of $12.505 billion. TimesSquare Capital’s investor letter discussed Carpenter Technology Corporation’s manufacturing of engineered metals, primarily for aerospace, with a strong balance sheet and advantageous pricing strategies. While not among the 30 most popular stocks among hedge funds, 78 hedge fund portfolios held Carpenter Technology Corporation at the end of the second quarter, up from 55 in the previous quarter. Consider other AI stocks for greater upside potential and less downside risk.

Read more at Yahoo Finance: What Makes Carpenter Technology (CRS) an Investment Choice?