From Yahoo Finance: 2025-05-26 11:46:00

Baron Funds reported a 9.07% decline in the Baron Small Cap Fund in the first quarter of 2025, compared to the Russell 2000 Growth Index’s -11.12% return. Small-cap stocks continued to underperform larger market caps, leading to the Fund lagging behind the Russell 3000 Index, which fell 4.72% in the quarter. RadNet, Inc. (NASDAQ:RDNT) was highlighted in the investor letter, with a one-month return of 12.63% and a closing stock price of $56.61 on May 23, 2025. The company operates diagnostic imaging centers and reported revenue of $471.4 million, a 9.2% year-over-year increase.

Baron Small Cap Fund purchased shares of RadNet, Inc. (NASDAQ:RDNT) during the quarter, noting its strong regional presence in California, Maryland, New York, and New Jersey. However, RadNet, Inc. (NASDAQ:RDNT) is not among the 30 Most Popular Stocks Among Hedge Funds, with 26 hedge fund portfolios holding the stock at the end of the fourth quarter. While recognizing the potential of RadNet, Inc. (NASDAQ:RDNT) as an investment, Baron Funds believes that AI stocks offer greater promise for higher returns, pointing to a report on an undervalued AI stock set for massive gains.



Read more at Yahoo Finance: What Makes RadNet (RDNT) an Investment Bet?