Baron Small Cap Fund: “E2open (ETWO) Will Be a Steady Earnings Compounder”
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 E2open Parent Holdings, Inc. (NYSE: ETWO), and shared their insights on the company. E2open Parent Holdings, Inc. is an Austin, Texas-based software company that currently has a $1.9 billion market capitalization. Since the beginning of the year, ETWO delivered a -3.78% return, while its 3-month gains are up by 3.37%. As of May 14, 2021, the stock closed at $10.43 per
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Last Updated: May 05, 2021, 01:26 PM IST
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Is Hydrofarm Holdings Group (HYFM) A Smart Long-Term Buy?
Madison Funds, an investment management firm, published its “Madison Small Cap Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. The Madison Small Cap Fund Class Y (at NAV) outperformed the Russell 2000 Index by 103 basis points (bps) and by 280 bps compared to the Russell 2500 Index for the Q1 of 2021. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Madison Small Cap Fund, in their Q1 2021 investor letter, mentioned Hydrofarm Holdings Group, Inc. (NASDAQ: HYFM), and shared their insights on the company. Hydrofarm Holdings Group, Inc. is a Petaluma, California-based hydroponics company that currently has a $2.04 billion market capitalization. Since the beginning of the year, HYFM delivered a 14.28% return, while its 3-month returns are down by -18.38%. As of April 28, 2021, the stock closed at $60.09 per share.