From Yahoo Finance: 2025-05-20 09:29:00

ClearBridge Investments released its first-quarter 2025 investor letter, reporting a -4.3% decline in the S&P 500 Index due to a tariff war and tech stock sell-off. Amidst this, the Russell 1000 Value Index outperformed its growth counterpart. The ClearBridge Large Cap Value Strategy underperformed the benchmark in Q1. Broadcom Inc. (NASDAQ: AVGO) saw a 36.00% one-month return and closed at $230.63 per share on May 19, 2025. The company’s custom ASIC solutions for AI are expected to drive growth despite market challenges. Broadcom Inc. (AVGO) is in 12th position on the list of 30 Most Popular Stocks Among Hedge Funds.



Read more at Yahoo Finance: Here’s Why Clearbridge Large Cap Value Strategy is Holding Broadcom (AVGO)