Janus Henderson Venture Fund sees long-term potential in Vertex (VERX) despite recent stock sell-off

From Yahoo Finance: 2025-07-02 08:51:00

Janus Henderson Investors released its first quarter 2025 investor letter for the Janus Henderson Venture Fund, which had a -8.61% return compared to the Russell 2000 Growth Index’s -11.12%. Stock selection in consumer discretionary sector helped relative performance, while healthcare detracted due to tariff and policy uncertainty.

Vertex, Inc. (NASDAQ: VERX) offers tax technology solutions and had a -14.58% one-month return. The stock closed at $35.38 on July 1, 2025, with a market cap of $5.607 billion. Janus Henderson Venture Fund believes Vertex’s long-term potential and valuation are attractive despite recent stock sell-off based on future revenue growth opportunities.

Vertex, Inc. (NASDAQ: VERX) reported a revenue of $177.1 million in Q1 2025, a 12.9% increase from the previous year. While 27 hedge fund portfolios held VERX at the end of the first quarter, the focus remains on AI stocks for higher returns in a shorter timeframe. Investors seeking promising AI stocks can find opportunities with less than 5 times earnings.



Read more at Yahoo Finance: Do You Believe in the Long-Term Growth Potential of Vertex (VERX)?