Baron Funds Remains Optimistic in Array Technologies (ARRY), Here’s Why
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 Array Technologies, Inc. (NASDAQ: ARRY), and shared their insights on the company. Array Technologies, Inc. is a Albuquerque, New Mexico-based solar tracking solutions manufacturer that currently has a $1.8 billion market capitalization. Since the beginning of the year, ARRY delivered a -67.01% return, while its 3-month gains are down by -67.91%. As of May 14, 2021, the sto
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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This is Masters in Business with Barry Ritholtz on Bloomberg Radio.
BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra, extra special guest. What can I say? Ron Baron, founder of Baron Capital, he’s a legend, I don’t even know where to begin with this guy. He founded Baron Capital in 1982, he performance numbers he’s put up have just been obscene. Everything he does, he seems to find his way to just spectacular returns whether it’s public companies, or private companies, or real estate, just Google search him on East Hampton and the property he bought for $100 million in the midst of the financial real estate collapse in 2007, he turned that into gold.