Reported about 13 hours ago
Palm Valley Capital Fund's third-quarter 2025 investor letter reveals a 2.35% gain, compared to larger indices, as the fund increased its cash equivalents to 74.1%. Among its highlighted investments is LKQ Corporation (NASDAQ:LKQ), which has seen a significant decline over the past year. LKQ, a major supplier of aftermarket auto parts, is considered recession-resistant due to various factors influencing demand, although it is not among the top stocks favored by hedge funds. The report suggests that while LKQ shows investment potential, other AI stocks may offer better opportunities.
Source: YAHOO