Harding Loevner, an asset management company, released its “Global Equity Strategy” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. For most of the past 15 years, US equities not only outperformed but created a perception of inevitability around their outperformance. This phenomenon, termed “US exceptionalism,” highlighted exceptional earnings growth, valuations, and a concentration of returns, particularly around AI investments. With market leadership concentrated, the US index is vulnerable to limited outcomes. In contrast, the portfolio consists of a broader range of business models and growth opportunities at attractive valuations. While AI may disrupt industries, core principles of competitive advantage and long-term profitability still apply. In the fourth quarter, the Global Equity composite rose 2.0% gross of fees, underperforming the MSCI ACWI Index’s 3.4% gain. For the year, the composite advanced 13.2%, trailing the index’s 22.9% gain. In addition, please check the Strategy’s top five holdings to know its best picks in 2025.
In its fourth-quarter 2025 investor letter, Harding Loevner Global Equity Strategy highlighted Globant S.A. (NYSE:GLOB). Globant S.A. (NYSE:GLOB) is a technology services company that provides digital transformation, AI, and software development solutions. On April 7, 2026, Globant S.A. (NYSE:GLOB) closed at $46.10 per share. One-month return of Globant S.A. (NYSE:GLOB) was -3.56%, and its shares lost 59.06% over the past 52 weeks. Globant S.A. (NYSE:GLOB) has a market capitalization of $2.03 billion.
Harding Loevner Global Equity Strategy stated the following regarding Globant S.A. (NYSE:GLOB) in its Q4 2025 investor letter:
“For the year, US-listed Globant S.A. (NYSE:GLOB) was the biggest detractor, amid growing concern that AI will disintermediate IT-consulting businesses. However, the stock pared some losses after third-quarter results met expectations and management slightly increased revenue guidance for the remainder of the year.”
A close-up of an experienced game engineer’s hands typing a complex code on a laptop.
Globant S.A. (NYSE:GLOB) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 33 hedge fund portfolios held Globant S.A. (NYSE:GLOB) at the end of the fourth quarter, up from 32 in the previous quarter. In Q4 2025, Globant S.A. (NYSE:GLOB) reported revenue of $612.5 million, exceeding the guidance of $605 million. While we acknowledge the potential of Globant S.A. (NYSE:GLOB) 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.
finance.yahoo.com
#Globant #S.A #GLOB #Slid #Growing #Disruption #Concerns
