Why Baron Asset Fund expects Vail Resorts (MTN) 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 Vail Resorts Inc (NYSE:MTN) is one of them. Vail Resorts is a mountain resort company. Year-to-date, MTN...