Here’s Why Astera Labs (ALAB) is on Detectors’ List of Polen U.S. SMID Cap Growth Strategy

In its third-quarter 2025 capitalist letter, Polen U.S. SMID Cap Growth Strategy highlighted stocks specified arsenic Astera Labs, Inc. (NASDAQ:ALAB). Astera Labs, Inc. (NASDAQ:ALAB) engages successful the manufacturing of semiconductor-based connectivity solutions for unreality and AI infrastructure. The one-month instrumentality of Astera Labs, Inc. (NASDAQ:ALAB) was -16.73%, and its shares person appreciated by 32.14% implicit the past 52 weeks. On November 21, 2025, Astera Labs, Inc. (NASDAQ:ALAB) banal closed astatine $141.95 per share, with a marketplace capitalization of $23.976 billion.

Polen U.S. SMID Cap Growth Strategy stated the pursuing regarding Astera Labs, Inc. (NASDAQ:ALAB) successful its 3rd 4th 2025 capitalist letter:

"The astir important detractors from the Portfolio’s comparative show successful the 4th were Grupo Financiero Galicia, Monday.com, and Astera Labs, Inc. (NASDAQ:ALAB) (not owned). Finally, not owning Astera Labs—up much than 100% during the quarter—represented different notable detractor to comparative performance. Astera Labs is simply a shaper of semiconductor-based connectivity solutions for unreality and AI infrastructure to amended information transportation and show bottlenecks. During the quarter, the banal benefitted from a operation of better-than-expected earnings, beardown guidance for 3Q25, and optimism astir the company’s expanding strategical relationships."

Astera Labs, Inc. (NASDAQ:ALAB) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 56 hedge money portfolios held Astera Labs, Inc. (NASDAQ:ALAB) astatine the extremity of the 2nd quarter, up from 45 successful the erstwhile quarter. In Q3 2025, Astera Labs, Inc. (NASDAQ:ALAB) reported revenue of $230.6 cardinal was up 20% from the anterior 4th and 104% from Q3 2024. While we admit the imaginable of Astera Labs, Inc. (NASDAQ:ALAB) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

In another article, we covered Astera Labs, Inc. (NASDAQ:ALAB) and shared Artisan Small Cap Fund's views connected the company. In addition, delight cheque retired our hedge money capitalist letters Q3 2025 page for much capitalist letters from hedge funds and different starring investors.