Why Baron Asset Fund expects Guidewire Software (GWRE) Stock to Recover?

Baron Asset Fund recently published its first-quarter commentary – a copy of which can be downloaded here. During the first quarter of 2020, the Baron Asset Fund returned -16.63% (institutional shares). In comparison, the benchmark S&P 500 Index was down 19.60%, while the Russell Midcap Growth Index was down 20.04%.

In the said letter, Baron Asset Fund highlighted a few stocks and Guidewire Software Inc. (NYSE:GWRE) is one of them. Guidewire is a software publisher based in...