From Yahoo Finance: 2025-05-20 07:49:00

Baron Funds released its first quarter 2025 investor letter for the “Baron Discovery Fund,” reporting a 6.17% decrease in returns for Institutional Shares. The market saw a decline due to Trump’s tariff enactments, sparking fears of a trade war and global recession. Check their top five holdings to see their best picks in 2025.

In Q1 2025, Baron Discovery Fund highlighted Indie Semiconductor, Inc. (NASDAQ:INDI), a company specializing in automotive semiconductors and software solutions. With a one-month return of 42.70%, INDI shares closed at $2.64 on May 19, 2025, with a market cap of $514.515 million.

Indie Semiconductor, Inc. (NASDAQ:INDI) designs automotive semiconductors for advanced driver assistance and other applications. Despite a quarter of missed revenue guidance, the company retains conviction with revenue growth outperforming peers. The company is expected to return to outsized growth by the end of 2025 on its path to $1 billion in revenue by the end of the decade.

Indie Semiconductor, Inc. (NASDAQ:INDI) is not among the 30 most popular stocks among hedge funds. However, 22 hedge fund portfolios held the stock at the end of Q4, with revenue of $54.1 million in Q1 2025, reflecting a 3.3% increase YoY. While INDI shows promise, hedge funds believe AI stocks offer greater potential for higher returns within a shorter timeframe.



Read more at Yahoo Finance: Indie Semiconductor (INDI) Declined Due to Forward Guidance Miss