The information technology sector delivered some of the portfolio's strongest performance in the fourth quarter.
A strong ramp-up of Coherent's optical transceivers sales drove strong growth in its networking segment.
Macom Technology Solutions' strong third-quarter earnings addressed investor concerns related to margin volatility, leading to a rebound in the fourth quarter.
e.l.f. Beauty's stock stumbled due to slowing organic revenue growth, tariff-driven margin pressure, and ongoing vague guidance from management.
Itron's stock suffered after management warned investors that macroeconomic uncertainties were leading utilities companies to delay and/or slow deployments for new metering infrastructure projects.
