Alright, let’s dive into this chaotic whirlpool of financial musings, shall we? So here’s the scoop from Wasatch Global Investors’ latest word vomit about their Small Cap Growth Strategy — some first quarter 2025 humdrum, if you ask me. All the buzzy stuff you’d expect: U.S. stocks are tanking, folks are antsy about tariffs, and softer economic data is like a gust of bad news slapping investors right in the face. The Russell 2000 Growth index — that thing nose-dived down -11.12%. Ouch.
Oh, and Wasatch’s own jazzy, small-cap ballet didn’t quite pirouette past that benchmark. Translation? It kinda sucked, but hey, whatever, right?
Speaking of things they’re eyeing, let’s talk about this RBC Bearings Incorporated (NYSE:RBC) character they’re spotlighting. Nestled in the rolling hills of Oxford, Connecticut, this company’s all about super-engineered bearings and bits. It’s like they’re crafting the Holy Grail… but in the realm of aerospace, defense, and all things spinning. The stock’s one-month shuffle was a -3.56%, but don’t you fret — it skyrocketed 32.49% over the past year. Closed at a solid $321.68 with a market cap swinging around $10.115 billion as of April 17, 2025.
Wasatch loves to jabber about RBC’s aerospace and defense biz — they see this as the golden goose everybody keeps ignoring. You’ve got a killer team driving RBC, integrating new stuff like a boss. It’s like, “Oh look, more planes, more bearings, more ka-ching!”
But RBC Bearings, despite their dazzling stock parade, ain’t topping the hedgie fund darling list. Only 22 hedge portfolios are enamored with it now, down from 26 last quarter. Revenue shtick time: they pumped out $394 million in net sales, up 5.5% over yester-year.
Now, let’s tilt the conversation to get your brain mulling: the real buzz is around AI stocks, everyone’s new shiny obsession. They’re betting these brainy digits might just catapult your cash returns to the moon and back — faster than you can say “ChatGPT.”
Oh, before I bail, here’s the thing: we’ve got some whispers on what Michael Burry’s selling and hints at another dawn for U.S. stocks. Dig into that if you dare.
And disclosure? Nah, none of that formal jazz here. Just pure, unfiltered ramblings. Over and out.
