Rewey Asset Management released its third-quarter 2025 investor letter, reporting a 10.70% increase in the RAM Smid Composite, outperforming the benchmark Russell 2500 Value Total Return Index. Small-cap stocks performed well, contributing to the positive quarter and year-to-date returns.

Varex Imaging Corporation (NASDAQ:VREX) was highlighted in RAM Smid Composite’s investor letter, with a one-month return of -3.27% and a market capitalization of $467.108 million. The stock closed at $11.25 per share on October 13, 2025. Varex Imaging Corporation’s performance was discussed, citing a 43.02% return in the third quarter.

RAM Smid Composite praised Varex Imaging Corporation’s resilience in the face of challenges, noting its recovery from a sell-off and potential for growth in the healthcare and security screening markets. Despite not being among the 30 Most Popular Stocks Among Hedge Funds, Varex Imaging Corporation exceeded revenue guidance in the third quarter of 2025.

While Varex Imaging Corporation shows promise as an investment, RAM Smid Composite believes certain AI stocks offer greater upside potential with less downside risk. The company’s performance and potential for growth are noted, but other AI stocks may be more attractive for investors seeking opportunities in the market.

Read more at Yahoo Finance: Varex Imaging (VREX) Bounced Back from Liberation Day Sell-Off