1 week ago
11
Soumya Eswaran
Mon, November 10, 2025 astatine 7:12 AM CST 2 min read
Pelican Bay Capital Management, an concern absorption company, released its third-quarter 2025 capitalist letter. A transcript of the aforesaid tin be downloaded here. PBCM Concentrated Value Strategy returned 7.8% successful the quarter, compared to a 5.3% instrumentality for the Russell 1000 Value Index. YTD, the money returned 11.2% compared to 11.6% for the index. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.
In its third-quarter 2025 capitalist letter, PBCM Concentrated Value Strategy highlighted stocks specified arsenic Micron Technology, Inc. (NASDAQ:MU). Micron Technology, Inc. (NASDAQ:MU) designs, develops, manufactures, and distributes representation and retention products globally. The one-month instrumentality of Micron Technology, Inc. (NASDAQ:MU) was 23.42%, and its shares gained 118.98% of their worth implicit the past 52 weeks. On November 7, 2025, Micron Technology, Inc. (NASDAQ:MU) banal closed astatine $237.92 per share, with a marketplace capitalization of $267.057 billion.
PBCM Concentrated Value Strategy stated the pursuing regarding Micron Technology, Inc. (NASDAQ:MU) successful its 3rd 4th 2025 capitalist letter:
"Technology stocks were besides outperformers successful Q3. Micron Technology, Inc. (NASDAQ:MU) benefited from a 2nd consecutive 4th of fantabulous gains, jumping different 36% aft past quarter's 42% increase. On a year-to-date basis, Micron is up 99%. Investors person recognized that the inference and agentic applications of AI computing are poised to thrust important orders for the High Bandwidth Memory (HBM) that Micron produces. To larn much astir the request for HBM representation delight notation to our Q4 missive from 2024."
Godlikeart/Shutterstock.com
Micron Technology, Inc. (NASDAQ:MU) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 94 hedge money portfolios held Micron Technology, Inc. (NASDAQ:MU) astatine the extremity of the 2nd quarter, compared to 96 successful the erstwhile quarter. In the fiscal Q4 2025, Micron Technology, Inc. (NASDAQ:MU) reported gross of $11.3 billion, up 22% sequentially and up 46% twelvemonth implicit year. While we admit the imaginable of Micron Technology, Inc. (NASDAQ:MU) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.
In another article, we covered Micron Technology, Inc. (NASDAQ:MU) and shared the database of must-buy US stocks to buy. In addition, delight cheque retired our hedge money capitalist letters Q3 2025 page for much capitalist letters from hedge funds and different starring investors.
English (CA) · 
English (US) · 
Spanish (MX) ·