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Soumya Eswaran
Tue, Apr 8, 2025, 6:46 AM 3 min read
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In its archetypal 4th 2025 capitalist letter, ClearBridge Small Cap Growth Strategy emphasized stocks specified arsenic Rocket Lab USA, Inc. (NASDAQ:RKLB). Rocket Lab USA, Inc. (NASDAQ:RKLB) is simply a abstraction institution that offers motorboat services and abstraction systems solutions. The one-month instrumentality of Rocket Lab USA, Inc. (NASDAQ:RKLB) was -1.74%, and its shares gained 356.25% of their worth implicit the past 52 weeks. On April 7, 2025, Rocket Lab USA, Inc. (NASDAQ:RKLB) banal closed astatine $17.52 per stock with a marketplace capitalization of $7.946 billion.
ClearBridge Small Cap Growth Strategy stated the pursuing regarding Rocket Lab USA, Inc. (NASDAQ:RKLB) successful its Q1 2025 capitalist letter:
"We continued to make a fig of compelling caller ideas, adding 5 caller investments that we inactive held astatine 4th end: Glaukos, Rocket Lab USA, Inc. (NASDAQ:RKLB), Karman Holdings (through its IPO), Archrock, Hims & Hers and Geron.
A motorboat pad atop a grassy hill, fume filled entity from a palmy voyage to space.
Rocket Lab USA, Inc. (NASDAQ:RKLB) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 37 hedge money portfolios held Rocket Lab USA, Inc. (NASDAQ:RKLB) astatine the extremity of the 4th fourth compared to 16 successful the 3rd quarter. Rocket Lab USA, Inc.'s (NASDAQ:RKLB) gross for the 4th fourth of 2024 totaled $132 million, exceeding the midpoint of guidance scope and highlighting a coagulated 121% year-over-year growth. While we admit the imaginable of Rocket Lab USA, Inc. (NASDAQ:RKLB) 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.