From Yahoo Finance: 2025-05-26 10:34:00

Weitz Investment Management released its first-quarter 2025 investor letter, with the fund’s Institutional Class returning +0.81%. The AI Trade faced a challenge from Chinese company DeepSeek, causing increased scrutiny of US firms’ spending strategies. Uncertainties related to trade and tariffs challenge investors’ confidence, causing equities to decline at quarter end.

In the first-quarter 2025 investor letter, Weitz Multi-Cap Equity Fund highlighted HEICO Corporation (NYSE:HEI), a company specializing in aerospace, defense, and electronic products. HEICO’s stock gained 8.96% in one month and 23.35% over the last 52 weeks, closing at $268.05 per share on May 23, 2025.

Weitz Multi-Cap Equity Fund praised HEICO Corporation (NYSE:HEI) in its Q1 2025 investor letter for its standout earnings, strong growth, and cost-effective value proposition. The company’s ability to save customers money with alternative parts is expected to drive future growth.

HEICO Corporation (NYSE:HEI) is not among the 30 most popular stocks among hedge funds, with 65 portfolios holding it at the end of Q1 2025. While HEICO Corporation (NYSE:HEI) shows potential as an investment, AI stocks are seen as offering greater promise for higher returns in a shorter timeframe. Check out our report on an undervalued AI stock poised for massive gains.

Read more: Standout Earnings Lifted HEICO (HEI) in Q1