Baron Funds’ “Baron Discovery Fund” was up 14.76% in the second quarter, outperforming the Russell 2000 Growth Index. The fund is up 7.68% year-to-date. Montrose Environmental Group, Inc. (NYSE: MEG) saw a one-month return of -0.04% and lost 29.79% over 52 weeks, closing at $22.38/share on July 29, 2025.

Shares of Montrose Environmental Group, Inc. (NYSE: MEG) rebounded in the second quarter. The company continues to grow, benefitting from rising industrial activity and increased regulatory oversight. Baron Discovery Fund remains invested in MEG, citing competitive advantages and attractive valuation.

Montrose Environmental Group, Inc. (NYSE: MEG) saw a 14.5% revenue increase in the first quarter. While 14 hedge fund portfolios held MEG, there are AI stocks with greater upside potential and less downside risk. For those seeking an undervalued AI stock benefiting from current trends, check out the free report on the best short-term AI stock.

Read more at Yahoo Finance: Here’s How Montrose Environmental Group (MEG) Rebounded in Q2