Is ASGN Incorporated (ASGN) A Good Investment Choice?
Baron Funds, an asset management firm, published its “Baron Small Cap Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 2.67% was delivered by the fund’s institutional shares for the Q1 of 2021, trailing the S&P 500 Index, which appreciated 6.17%, and modestly underperforming the Russell 2000 Growth Index which rose 4.88% for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Baron Small Cap Fund, in its Q1 2021 investor letter, mentioned ASGN Incorporated (NYSE: ASGN), and shared their insights on the company. ASGN Incorporated is a Glen Allen, Virginia-based IT and professional service provider that currently has a $5.4 billion market capitalization. Since the beginning of the year, ASGN delivered a 23.07% return, extending its 12-month gains to 96.86%. As of May 14, 2021, the stock closed at $102.80 per share.