Mairs and Power
Mairs and Power Growth Fund
Large-cap Growth
Dec 2024 → Sep 2025
Our archive holds 5 letters from this strategy, behind 6 investment theses and positions in 6 companies. Every quote below is copied verbatim from the letter it came from.
5 letters in 2 years — follow all of Mairs and Power for every strategy.
Its investment theses
- Cognex CorporationSep 2025Cognex Corporation is well-positioned to lead the rapid advancement of machine vision technology driven by AI, benefiting from increased manufacturing onshoring and demand for factory automation.
- Palo Alto NetworksSep 2025Palo Alto Networks is a leading cybersecurity company that provides comprehensive solutions to protect organizations from increasing digital threats and evolving attack vectors.
- IDACORPJun 2025IDACORP is well-positioned for consistent earnings growth and attractive shareholder returns due to robust population growth and increasing electric demand in southern Idaho and eastern Oregon.
- Medpace HoldingsJun 2025Medpace Holdings is a leading contract research organization specializing in clinical trials for small and mid-sized biotech and pharmaceutical companies, positioned well in a growing market with a strong competitive advantage.
- Taiwan Semiconductor Manufacturing CompanyMar 2025Taiwan Semiconductor Manufacturing Company (TSMC) is the leading global semiconductor manufacturer with a dominant market share, strong cost discipline, and a promising outlook despite recent sector challenges.
- ClearfieldDec 2024Clearfield’s fiber solutions are well-positioned to benefit from rising telecom investments and government-funded broadband expansion