From Yahoo Finance: 2025-04-10 10:17:00

Andvari Associates released its Q1 2025 investor letter, showing a 7.2% return compared to the S&P 500 ETF’s 4.3% decline. CoStar Group, Inc. (NASDAQ:CSGP) was highlighted as a top stock pick, with a 2.39% one-month return and $78.70 stock price on April 8, 2025.

In the same letter, Andvari Associates praised CoStar Group, Inc.’s investments in online residential property portals, like Homes.com and OnTheMarket. They believe the market undervalues CoStar’s commercial real estate business, with potential for increased shareholder returns. CoStar’s bid to acquire Domain Group also shows promise.

Although not among the 30 most popular stocks among hedge funds, CoStar Group, Inc. (NASDAQ:CSGP) saw an 11% increase in revenue for 2024, reaching $2.74 billion. Despite its potential, Andvari Associates believes AI stocks offer greater returns in a shorter timeframe, emphasizing the promise of investing in AI stocks like NVIDIA.

Read more: Do You Believe in the Growth Prospects of CoStar Group (CSGP)?