From Yahoo Finance: 2025-05-12 08:35:00

Baron Funds released the Baron Health Care Fund’s Q1 2025 investor letter, reporting a return of 2.54% for the quarter, trailing the benchmark. The fund’s top five holdings include RadNet, Inc. (NASDAQ: RDNT), a diagnostic imaging services provider with a market capitalization of $4.181 billion as of May 9, 2025.

In its investor letter, Baron Health Care Fund highlighted RadNet, Inc. (NASDAQ: RDNT), which saw a 4.36% one-month return and closed at $55.74 per share on May 9, 2025. The fund noted that RadNet’s performance was impacted by below-consensus guidance for fiscal year 2025, but remains optimistic about the company’s AI products.

Jim Cramer advises taking a pass on RadNet, Inc. (NASDAQ: RDNT), which is not among the 30 most popular stocks among hedge funds. While RadNet’s revenue increased by 13.5% in Q4 2024, Cramer believes AI stocks offer greater potential for higher returns in a shorter timeframe. Check out Insider Monkey’s report on the cheapest AI stock for promising investment opportunities.

Read more: RadNet (RDNT) Fell on Lower Than Expected Guidance