From Baron Funds' second quarter commentary:
Ubiquiti Networks, Inc. (UBNT, Financial) designs, manufactures, and sells innovative broadband wireless products at prices far below its competitors. Its unique, lean business model also yields high profitability. Recent concerns about exposure to Asian counterfeiters and whether the company's IP can be protected have pressured the stock. The company has continued to generate impressive growth, with first quarter revenues increasing 79% year over year. (Gilad Shany)
Ubiquiti Networks, Inc. (UBNT, Financial) designs, manufactures, and sells innovative broadband wireless products at prices far below its competitors. Its unique, lean business model also yields high profitability. Recent concerns about exposure to Asian counterfeiters and whether the company's IP can be protected have pressured the stock. The company has continued to generate impressive growth, with first quarter revenues increasing 79% year over year. (Gilad Shany)
