Published on 14 Dec 2021 on Insider Monkey via Yahoo Finance

Is Krispy Kreme (DNUT) A Smart Long-Term Investment Choice?

Baron Growth Fund recently published its third-quarter commentary – a copy of which can be downloaded here. During the third quarter of 2021, the Baron Growth Fund returned 3.63% (institutional shares). In comparison, the benchmark S&P 500 Index was up 0.58%, while the Russell 2000 Growth Index was down 5.65%. You should check out Baron Growth Fund’s top 5 stock picks for investors to buy right now, which could be the biggest winners of 2022.

Baron Growth Fund, in its Q3 2021 investor letter, mentioned Krispy Kreme, Inc. (NASDAQ: DNUT) and discussed its stance on the firm. Krispy Kreme, Inc. is a Charlotte, North Carolina-based doughnut company with a $2.5 billion market capitalization. DNUT delivered a 9.90% return for the past month and it closed at $15.53 per share on December 09, 2021.

Here is what Baron Growth Fund has to say about Krispy Kreme, Inc. in its Q3 2021 investor letter: