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AlTi Global, Inc. (NASDAQ:ALTI) is one of the Best Penny Asset Management Stocks to Buy Now. On August 11, AlTi Global, Inc. (NASDAQ:ALTI) released its fiscal second-quarter results for 2025. The company delivered mixed results with revenue topping analyst expectations, while the EPS fell slightly short of the consensus.
The company delivered $53 million in revenue, up 7% year-over-year and ahead of Wall Street estimates by $2.53 million. Management noted that the core driver of this growth was the Wealth Management and Capital Solutions segment, which grew 8% to contribute $52 million. This was driven by higher assets under management as a result of strong market conditions, acquisitions, and better returns on assets.
Management also noted that the results do not yet show the full potential, as temporary effects from transformation and partial gains from investments affected the results.
AlTi Global, Inc. (NASDAQ:ALTI) is an independent wealth manager that serves entrepreneurs, families, institutions, and emerging leaders. The company offers comprehensive wealth management and investment advisory services.
While we acknowledge the potential of ALTI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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