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Ron Baron Comments on Krispy Kreme

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May 09, 2022
Summary
  • The fund added to its position.
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We also added to our positions in Spotify Technology S.A. and Krispy Kreme, Inc. (

DNUT, Financial). Both companies have large addressable markets with strong brands that should allow them to take significant market share over time. We believe they are both appropriately financed and should generate significant cash to continue investing in their businesses for further growth.

From

Ron Baron (Trades, Portfolio)'s Baron Focused Growth Fund first-quarter 2022 letter.

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Disclosures

I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure
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