Core Insights - Sandisk has experienced a remarkable stock increase of over 1,500% since its re-establishment as an independent company on Nasdaq after being spun off from Western Digital [1] Group 1: Market Dynamics - Major tech companies, referred to as hyperscalers, have invested hundreds of billions in GPUs from Nvidia to support AI development, leading to unprecedented data workload scaling [3] - The demand for cloud infrastructure is rising, resulting in capacity constraints in the GPU market and creating a bottleneck in the high-bandwidth memory (HBM) sector [4] Group 2: Sandisk's Position - As big tech shifts focus from merely acquiring GPUs to investing in DRAM and NAND solutions, Sandisk is positioned to benefit from this trend [5] - The complexity of next-generation AI systems necessitates rapid data access from storage, making robust memory and storage solutions critical, which aligns with Sandisk's offerings [6] Group 3: Stock Valuation - Sandisk's stock is currently priced around $600 per share, raising questions about its valuation and potential for further investment opportunities [7]

Aristotle Capital Boston, LLC, an investment advisor, released its fourth-quarter investor letter for “Small Cap Equity Fund”. A copy of the letter can be downloaded here. U.S. small-cap equities reported modest gains in the fourth quarter of 2025. The quarter started as a continuation of the post-Liberation Day risk-on market environment, while it ended on a strong note, driven by a positive macroeconomic backdrop. Attractive valuations, earnings recovery, broadening of the market, and a shift from mega-ca ...

Core Viewpoint - Westgold Resources has successfully sold its Mt Henry Gold Project to Alicanto Minerals, with the total consideration increasing from A$64.6 million to A$110 million due to the appreciation of Westgold's stake in Alicanto since the initial announcement in December 2025 [1]. Group 1: Transaction Details - The sale of the Mt Henry Gold Project was completed after fulfilling all necessary conditions, including ministerial consent and approvals from shareholders and the Ngadju Native Title Aboriginal Corporation [2]. - The increase in the sale value reflects the appreciation of Westgold's 19.9% stake in Alicanto, highlighting the positive market response since the initial announcement [1]. Group 2: Future Plans and Exploration - Alicanto Minerals is set to initiate a 50,000-meter drilling program aimed at expanding the existing resource of 915,000 ounces along a 16 km corridor [2]. - The Mt Henry site is described as a large, under-explored gold system with significant potential for further value extraction through the planned drilling program [4]. Group 3: Strategic Implications for Westgold - The divestment of the Mt Henry project is part of Westgold's strategy to streamline its portfolio by selling non-core assets, which is expected to enhance shareholder value [4]. - Westgold's ongoing portfolio simplification includes advancing the divestment of its Peak Hill and Chalice gold assets and planning an IPO for Valiant Gold, targeting a listing in late March 2026 [6]. - Westgold remains a significant shareholder in Alicanto and will benefit from any exploration success resulting from the drilling program [5].

Aristotle Capital Boston, LLC, an investment advisor, released its fourth-quarter investor letter for “Small Cap Equity Fund”. A copy of the letter can be downloaded here. U.S. small-cap equities reported modest gains in the fourth quarter of 2025. The quarter started as a continuation of the post-Liberation Day risk-on market environment, while it ended on a strong note, driven by a positive macroeconomic backdrop. Attractive valuations, earnings recovery, broadening of the market, and a shift from mega-ca ...

Aristotle Capital Boston, LLC, an investment advisor, released its fourth-quarter investor letter for “Small Cap Equity Fund”. A copy of the letter can be downloaded here. U.S. small-cap equities reported modest gains in the fourth quarter of 2025. The quarter started as a continuation of the post-Liberation Day risk-on market environment, while it ended on a strong note, driven by a positive macroeconomic backdrop. Attractive valuations, earnings recovery, broadening of the market, and a shift from mega-ca ...

Core Insights - The fourth-quarter investor letter from Aristotle Capital Boston, LLC indicates that U.S. small-cap equities experienced modest gains, with the Aristotle Small Cap Equity Fund returning 1.96% in Q4 2025, slightly trailing the Russell 2000 Index's return of 2.19% [1] Company Overview - WesBanco, Inc. (NASDAQ:WSBC) is a bank holding company that operates in West Virginia, Ohio, Western Pennsylvania, Kentucky, Southern Indiana, and Maryland, providing financial services to regional community banks [3] - The company has a market capitalization of $3.521 billion and reported a one-month return of 6.60%, with shares up 0.60% over the past twelve months [2] Investment Thesis - The investment letter highlights WesBanco's regional strength, stable financial base, and diversified product mix, positioning the company to capitalize on trust and deposit opportunities, small business growth, and potential M&A activities [3] - The fund acknowledges WesBanco's potential but suggests that certain AI stocks may offer greater upside potential and less downside risk [4]

Core Insights - U.S. small-cap equities experienced modest gains in Q4 2025, supported by a positive macroeconomic backdrop and attractive valuations [1] - The Aristotle Small Cap Equity Fund returned 1.96% in Q4 2025, underperforming the Russell 2000 Index's 2.19% total return [1] - Security selection positively impacted performance, while allocation effects detracted from it [1] Company Overview: Primo Brands Corporation - Primo Brands Corporation (NYSE:PRMB) is a North American beverage company focused on healthy hydration, holding approximately 19% market share in U.S. bottled water [3] - The company has a diversified portfolio across various distribution channels, product formats, sizes, and price points, allowing it to efficiently reach 90% of the U.S. population [3] - Concerns about municipal tap water quality and the wellness movement are expected to drive increased bottled water consumption [3] Recent Performance and Market Position - As of February 13, 2026, Primo Brands Corporation's stock closed at $18.96 per share, with a market capitalization of $7.021 billion [2] - The stock delivered a -0.27% return in the past month and has lost 43.44% of its value over the past twelve months [2] - Primo Brands Corporation was held by 62 hedge fund portfolios at the end of Q3 2025, a decrease from 72 in the previous quarter [4]

Group 1 - The S&P 500 and Nasdaq 100 indices are near all-time highs, but indicators suggest a negative outlook due to a stagnant labor market and low job openings [1] - The University of Michigan Current Economic Conditions Index has reached an all-time low, with a December 2025 reading of 50.4 and a January 2026 3-month rolling average of 52.3, marking the lowest levels since the late 1970s [2][4] Group 2 - Poor sentiment in economic conditions may serve as a contrarian indicator, potentially signaling a "buy low" opportunity, as historical data suggests that negative sentiment can lead to positive future returns [5] - An analysis of the S&P 500's performance based on the Current Economic Conditions Index readings from 1978 shows varying average forward-12-month returns across different ranges, with lower readings correlating to higher returns [7][9] - The study categorized monthly report readings into 5-point buckets, revealing a clear pattern in S&P 500 returns based on these economic conditions [10]

Core Insights - U.S. small-cap equities experienced modest gains in Q4 2025, supported by attractive valuations, earnings recovery, and a shift from mega-cap stocks [1] - The Aristotle Small Cap Equity Fund (Class I-2) returned 1.96% in Q4 2025, underperforming the Russell 2000 Index's 2.19% total return [1] - Security selection positively impacted overall performance, while allocation effects detracted from it [1] Company-Specific Insights - Itron, Inc. (NASDAQ:ITRI) was identified as a major performance detractor for the Aristotle Small Cap Equity Fund in Q4 2025, with a one-month return of -10.68% and a 12-month decline of 7.88% [2] - Itron, Inc. has a market capitalization of $4.093 billion and is involved in manufacturing and distributing electric, water, and gas meters [2][3] - The stock sold off due to slower-than-anticipated regulatory approvals, but the company is expected to benefit from power grid modernization efforts in 2026 [3] - Itron, Inc. is not among the 30 most popular stocks among hedge funds, with 37 hedge fund portfolios holding its shares at the end of Q3 2025, an increase from 35 in the previous quarter [4] - While Itron, Inc. has potential as an investment, certain AI stocks are considered to offer greater upside potential and less downside risk [4]

Aristotle Capital Boston, LLC, an investment advisor, released its fourth-quarter investor letter for “Small Cap Equity Fund”. A copy of the letter can be downloaded here. U.S. small-cap equities reported modest gains in the fourth quarter of 2025. The quarter started as a continuation of the post-Liberation Day risk-on market environment, while it ended on a strong note, driven by a positive macroeconomic backdrop. Attractive valuations, earnings recovery, broadening of the market, and a shift from mega-ca ...