Renaissance Investment Management, an investment management company, has published its “International Small Cap Strategy” investor letter from T4 2024. A copy of the letter can be downloaded here. In 2024, international actions experienced a second year of consecutive growth, but underperform their American counterparts due to low economic growth, political disorders, pricing threats and a strong US dollar. The portfolio generated negative yields in the fourth quarter, but surpassed the reference index. For more information on the best choices of the fund in 2024, please consult its best assets.
In his letter of investors from the fourth quarter 2024, the International Renaissance Small Cap strategy emphasized actions such as OTTE LIFEYLE Holdings Limited (NASDAQ:Atat). At Lifestyle Holdings Limited (NASDAQ: ATAT) is developing lifestyle brands that offer hotel management services and sells hotels and other products. The one -month yield at Lifestyle Holdings Limited (NASDAQ: ATAT) was -3.86% and its shares gained 61.50% of their value in the last 52 weeks. On April 2, 2025, Lifestyle Holdings Limited (NASDAQ: ATAT) actions closed $ 29.41 per share with a market capitalization of $ 4.047 billion.
Renaissance International Small Cap Strategy indicated the following concerning Ator Lifeyle Holdings Limited (Nasdaq: Atat) in his letter of investor of the fourth quarter 2024:
“During the quarter, we bought At Lifestyle Holdings Limited (NASDAQ: ATAT) (China), an operator of hotel brands at the medium -scale upper scale in China. Atour should see continuous market sharing while demand in China moves to intermediate level hotels and far from economic hotels, which always represent more than 80% of hotels in China. The company also continues to see a high demand from its franchisees, which should help support the aggressive objective of the company for hotel openings in the next five years. “”
A professional member of the hotel staff taking care of a charming decorated suite.
At Lifestyle Holdings Limited (Nasdaq: Atat) does not appear on our list of 30 most popular stocks among hedge funds. According to our database, 23 hedge fund portfolios took place at Lifestyle Holdings Limited (Nasdaq: Atat) at the end of the fourth quarter which was 15 in the previous quarter. While we recognize the potential of Atorlyle Holdings Limited (Nasdaq: Atat) as an investment, our conviction lies in the conviction that AI actions are more promising to provide higher yields and do it within a shorter period. If you are looking for a stock of AI which is as promising as Nvidia but which is negotiated within 5 times its income, consult our report on the Stock ai the cheapest.