Generation Investment Management, an investment management firm, released its “Global Equity Strategy” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. The firm is not a momentum investor and avoids companies with uncertain future earnings and high valuations. The firm invests for the long-term and remains curious about new companies. As of December 31, 2024, the Global Equity strategy had USD 25.7 billion in total assets under management. In addition, please check the fund’s top five holdings to know its best picks in 2024.

In its fourth quarter 2024 investor letter, Generation Global Equity Strategy emphasized stocks such as Adyen N.V. (OTC:ADYEY). Adyen N.V. (OTC:ADYEY) is a payment platform company headquartered in Amsterdam, the Netherlands. The one-month return of Adyen N.V. (OTC:ADYEY) was -17.39%, and its shares lost 11.08% of their value over the last 52 weeks. On April 3, 2025, Adyen N.V. (OTC:ADYEY) stock closed at $14.31 per share with a market capitalization of $48.289 billion.

Generation Global Equity Strategy stated the following regarding Adyen N.V. (OTC:ADYEY) in its Q4 2024 investor letter:

"Adyen N.V. (OTC:ADYEY), a fintech company, helps businesses process payments – a field with substantial social benefits. Remarkably, 15% of online payments still fail, and Adyen is addressing this with a superior technology platform.15 With a EUR 40 billion market cap and EUR 2 billion in annual revenue, the company boasts operating margins exceeding 50%.Is Visa Inc. (V) the Best Blue Chip Stock to Buy for 2025?

A close-up of a credit card being swiped on a payment terminal, reflecting the company's payments technology.

Adyen N.V. (OTC:ADYEY) is not on our list of 30 Most Popular Stocks Among Hedge Funds. While we acknowledge the potential of Adyen N.V. (OTC:ADYEY) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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In addition, please check out our hedge fund investor letters Q4 2024 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.

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