Published on 19 Nov 2021 on Insider Monkey via Yahoo Finance

Is Raven Industries (RAVN) A Great Investment Pick?

Baron Funds, an asset management firm, published its “Baron Discovery Fund” third quarter 2021 investor letter – a copy of which can be downloaded here. A decline of 5.02% was delivered by the fund’s institutional shares for the third quarter of 2021, which was 0.63% better than the Russell 2000 Growth Index (the “Benchmark”). You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.

Baron Discovery Fund, in its Q3 2021 investor letter, mentioned Raven Industries, Inc. (NASDAQ: RAVN) and discussed its stance on the firm. Raven Industries, Inc. is a Sioux Falls, South Dakota-based agriculture company with a $2.1 billion market capitalization. RAVN delivered a 74.83% return since the beginning of the year, while its 12-month returns are up by 140.94%. The stock closed at $57.85 per share on November 16, 2021.

Here is what Baron Funds has to say about Raven Industries, Inc. in its Q3 2021 investor letter: