Reported about 11 hours ago
Baron Small Cap Fund's second-quarter 2025 investor letter highlighted ASGN Incorporated (NYSE:ASGN), a major U.S. staffing firm specializing in IT and professional services, which saw its stock decline by 43.19% over the past year. Despite reporting a revenue decrease of 1.4% year-over-year in Q2 2025, ASGN outperformed guidance expectations, although concerns over cautious customer spending and slimmer margins persist. The fund believes ASGN could meet future IT demands, describing the stock as undervalued, while warning that some AI stocks may offer better potential returns.
Source: YAHOO