With increasing hedge fund ETF choices, investors would do well to consider global macro for its performance across market cycles. Global macro hedge fund managers invest across a variety of asset classes, taking both long and short positions.
CARR's first-quarter 2025 results reflect strength in the Climate Solutions Americas segment.
DiDi Global is expanding beyond China, focusing on Hong Kong and other overseas markets to drive higher growth and avoid China's competitive environment. The Chinese ride-share market is maturing, prompting DiDi to seek growth overseas, where it has seen strong performance in Brazil and Mexico. DiDi is undervalued compared to peers like Uber and Grab, with a potential 46% upside as it ramps up global expansion and improves profitability.
GPN's first-quarter earnings are likely to have benefited from growing profits from Issuer Solutions.
Apollo Global Management, Inc. is a global alternative asset manager growing quickly through proven strategy and acquisitions. Apollo's acquisition of Bridge Investment Group and its robust performance under CEO Marc Rowan position it for continued outperformance and growth in fee-related earnings. Despite a recent price drop due to tariff shocks, APO's historical outperformance of the S&P 500 and Financial Sector presents a buying opportunity.
The US stock market has underperformed in 2025, with domestic equities down over 4%, while global equities have provided a boost to VT. I reiterate my buy rating on the Vanguard Total World Stock Index Fund, due to its lower P/E ratio and strong diversification. VT's valuation is attractive, with a P/E ratio of 17 and a healthy long-term EPS growth rate above 10%.
SPGI's top line benefits from an improved segmental performance in the first quarter of 2025.
CBOE's Q1 results are likely to reflect solid index options growth, disciplined expense management and healthy trading volumes.
ZETA's top line is expected to have been driven by higher use of the platform facilitated by GenAI in the first quarter of 2025.
Value investing is essentially about selecting cheap but fundamentally sound stocks. STNE, CSV, ASB & PFE boast low P/CF ratios.
President Trump's trade policies have hurt stocks in key industries, particularly companies related to discretionary corporate enterprise budgets. Zeta Global reported strong Q4 results, but shares dropped 50% since February 2025; I maintain a buy rating due to its cheap valuation. Despite conservative guidance and macro challenges, Zeta's long-term goals include 20% revenue growth through 2028 and $525 million in adjusted EBITDA.
ZETA stock has plummeted about 70% from last year's highs, hammering the bulls really hard. Revenue concentration risks and its usage-based pricing model stand out as some of its most significant risks, which could have spooked investors. Yet, Zeta isn't a company with zero or weak earnings. Its AI marketing platform has the potential to chart new growth and gains in a massive market.