Here’s What Boosted Check Point Software Technologies (CHKP) in Q1

2 months ago 26

Soumya Eswaran

Thu, Apr 10, 2025, 6:05 AM 3 min read

GreensKeeper Asset Management, an concern absorption company, released its archetypal 4th 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. Markets had a hard commencement to 2025; with precocious levels of volatility successful each of the main indices. The Value Fund finished the archetypal 4th +3.0% nett of fees and expenses nett of fees and expenses. For the archetypal quarter, the S&P/TSX retuned +1.5%, the S&P500 -4.2% and the Nasdaq –10.2%. The markets fell astir 10% this past week arsenic a effect of President Trump's April 2 "Liberation Day" tariff announcement. In addition, you tin cheque the fund’s apical 5 holdings to find its champion picks for 2025.

In its archetypal 4th 2025 capitalist letter, GreensKeeper Asset Management emphasized stocks specified arsenic Check Point Software Technologies Ltd. (NASDAQ:CHKP). Check Point Software Technologies Ltd. (NASDAQ:CHKP) develops, markets, and supports products and services for IT security. The one-month instrumentality of Check Point Software Technologies Ltd. (NASDAQ:CHKP) was 2.10%, and its shares gained 34.49% of their worth implicit the past 52 weeks. On April 9, 2025, Check Point Software Technologies Ltd. (NASDAQ:CHKP) banal closed astatine $219.41 per stock with a marketplace capitalization of $23.777 billion.

GreensKeeper Asset Management stated the pursuing regarding Check Point Software Technologies Ltd. (NASDAQ:CHKP) successful its Q1 2025 capitalist letter:

"Our 3rd apical performer successful the 4th was Check Point Software Technologies Ltd. (NASDAQ:CHKP) +22.1%. CHKP’s endeavor cyber information solutions proceed to summation traction successful the market, supported by increasing request for precocious web security. Recently appointed CEO Nadav Zafrir, a pioneer successful the Israeli cyber-security market, has bolstered the company’s enforcement income unit successful efforts to accelerate growth. CHKP is well-capitalized, with implicit $2.5 cardinal of excess currency connected the equilibrium sheet, and continues to actively repurchase its ain shares."

Check Point Software Technologies Ltd. (CHKP) Enhances AI Cybersecurity with Cyberint Acquisition

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Check Point Software Technologies Ltd. (NASDAQ:CHKP) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 40 hedge money portfolios held Check Point Software Technologies Ltd. (NASDAQ:CHKP) astatine the extremity of the 4th fourth compared to 32 successful the 3rd quarter. The 4th fourth gross of Check Point Software Technologies Ltd.'s (NASDAQ:CHKP) gross reached $704 million, which was supra the mid-point of guidance range. While we admit the imaginable of Check Point Software Technologies Ltd. (NASDAQ:CHKP) arsenic an investment, our condemnation lies successful the content that AI stocks clasp greater committedness for delivering higher returns, and doing truthful wrong a shorter timeframe. If you are looking for an AI banal that is arsenic promising arsenic NVIDIA but that trades astatine little than 5 times its earnings, cheque retired our study astir the cheapest AI stock.

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