Meridian Funds, managed by ArrowMark Companions, launched its “Meridian Progress Fund” second-quarter 2025 investor letter. A duplicate of the letter will be downloaded right here. U.S. fairness markets made a major rebound throughout the quarter, rising 23% from intra-period lows to shut at file highs. In opposition to this backdrop, the fund returned 4.10% (web) in comparison with the Russell 2500 Progress Index’s 11.31% return. As well as, please examine the fund’s high 5 holdings to know its finest picks in 2025.
In its second-quarter 2025 investor letter, Meridian Progress Fund highlighted shares comparable to Curtiss-Wright Company (NYSE:CW). Curtiss-Wright Company (NYSE:CW) is an industrial firm that gives engineered merchandise, options, and providers primarily to aerospace and protection, business energy, course of, and industrial markets worldwide. The one-month return of Curtiss-Wright Company (NYSE:CW) was 1.81%, and its shares gained 64.85% of their worth during the last 52 weeks. On August 11, 2025, Curtiss-Wright Company (NYSE:CW) inventory closed at $489.47 per share, with a market capitalization of $18.442 billion.
Meridian Progress Fund said the next concerning Curtiss-Wright Company (NYSE:CW) in its second quarter 2025 investor letter:
“Curtiss-Wright Company (NYSE:CW) is a diversified industrial firm working by three segments: Aerospace & Industrial, Protection Electronics, and Naval & Energy. The corporate serves enticing end-markets and continues to realize share by its operational energy, administration acumen, and innovation. The inventory carried out effectively after administration reported better-than-expected earnings whereas elevating steerage. With a strong order pipeline, constant execution, and favorable long-term demand drivers, our outlook for the corporate stays constructive, and we trimmed the place throughout the interval because the share value appreciated primarily based on our valuation self-discipline.”
An meeting line of commercial automobiles, showcasing the corporate’s technological prowess.
Curtiss-Wright Company (NYSE:CW) isn’t on our record of 30 Most Common Shares Amongst Hedge Funds. As per our database, 46 hedge fund portfolios held Curtiss-Wright Company (NYSE:CW) on the finish of the primary quarter, in comparison with 50 within the earlier quarter. Whereas we acknowledge the potential of Curtiss-Wright Company (NYSE:CW) as an funding, we consider sure AI shares provide higher upside potential and carry much less draw back threat. For those who’re on the lookout for an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.