That puts the Baron fund in the top 1% of similar funds, according to Morningstar data.
6 stocks Baron is betting onThe first is electric-vehicle maker Tesla (TSLA), one of the star performers of the market being up 135% year-to-date.
For example, its 12-month forward price-to-earnings ratio is 58.48, and its PEG ratio is 2.24.
Arch Capital has a fairly low 12-month forward price-to-earnings ratio of 11.82, but no PEG ratio is available.
The firm's PEG ratio is 2.13.
Persons:
Michael Baron, Baron, they've, Baron doesn't, Elon Musk, Tesla, Elon, That's, Charles Schwab, Schwab, he's, FactSet
Organizations:
Baron Partners Fund, Nasdaq, Morningstar, Partners Fund, Ford, GM, Hyundai, Arch
Locations:
New York