Amid a backdrop of record highs for the Nasdaq and moderate gains across other major indices, the U.S. stock market continues to display resilience despite mixed economic signals. In such an environment, growth companies with high insider ownership can be particularly compelling, as they often signal strong confidence from those closest to the company's operations and future prospects.
David Baron, manager of Baron Focused Growth fund, looks to double investors’ money every four or five years.
MTZ, IMMR and SPOT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 5, 2024.