Baron Discovery Fund highlights Tempus AI's strong performance and growth potential

From Yahoo Finance: 2025-05-19 11:16:00

Baron Funds’ Baron Discovery Fund was down 6.17% in the first quarter of 2025, outperforming the Russell 2000 Growth Index. The market decline was attributed to Trump’s tariff enactment, leading to fears of a trade war and global recession. Check out the fund’s top five holdings for 2025 picks.

Tempus AI, Inc. (NASDAQ:TEM) saw a one-month return of 59.81% and a year-to-date gain of 93.99%. The stock closed at $65.49 per share on May 16, 2025, with a market capitalization of $11.337 billion. Baron Discovery Fund highlighted the company in its Q1 2025 investor letter.

Baron Discovery Fund praised Tempus AI, Inc. (NASDAQ:TEM) for its Genomics and Data business units. The company’s diagnostic tests and genomic data have positioned it for rapid growth in the long run. The fund believes Tempus holds proprietary advantages that set it apart in the industry.

Tempus AI, Inc. (NASDAQ:TEM) revenue increased by 75.4% year-over-year to $255.7 million in Q1 2025. While the company shows promise, Baron Funds believes AI stocks offer greater potential for higher returns in a shorter timeframe. Explore undervalued AI stocks for massive gains in the market.



Read more at Yahoo Finance: Should You be Confident in Tempus AI (TEM)?