Fred Alger Management released its second-quarter 2025 investor letter, citing initial April volatility from President Trump’s tariffs, with stability returning in May. June trade talks helped the S&P 500 reach a record high, ending Q2 with a 10.94% gain. Class A shares of the fund outperformed the Russell 2500 Growth Index.

Alger Weatherbie Specialized Growth Fund highlighted Sterling Infrastructure, Inc. (NASDAQ: STRL) in its Q2 2025 investor letter. STRL provides e-infrastructure, transportation, and building solutions in the US. With a one-month return of 28.50%, STRL shares gained 154.79% over the last 52 weeks, closing at $371.84 per share on Sept 23.

The fund stated that STRL provides construction services across the US, focusing on Transportation Solutions, E-Infrastructure Solutions, and Building Solutions. Positive results were reported for the E-Infrastructure and Transportation segments, with increased revenue guidance for the year due to backlog growth in E-Infrastructure projects.

Sterling Infrastructure, Inc. (NASDAQ: STRL) is not among the 30 most popular stocks among hedge funds, with 25 portfolios holding it at the end of Q2. While acknowledging its potential, certain AI stocks are seen as offering greater upside with less downside risk. An undervalued AI stock is recommended for investors.

In another article, STRL was mentioned among the best Russell 2000 stocks to buy. For more investor letters and hedge fund insights, visit the hedge fund investor letters page. Check out the best and worst Dow stocks for the next 12 months and 10 unstoppable stocks that could double your money for more insights.

Read more at Yahoo Finance.: Robust Results Sent Sterling Infrastructure (STRL) Higher in Q2