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Baron Asset Fund Comments on Verisk

- By Holly LaFon

Verisk (VRSK) provides risk information to the insurance, financial services, and energy industries. We think Verisk has a unique competitive position. The company is investing to expand its product set in Insurance and Financials. It also acquired two companies over the last two years to give it energy exposure, creating a path to sustained double digit growth. The stock has almost tripled since our initial investment. Verisk generates robust margins and significant free cash flow, which it has been using to repurchase stock and make acquisitions.


From Baron Asset Fund first quarter 2017 shareholder letter.

This article first appeared on GuruFocus.