|Bid||144.40 x 24300|
|Ask||144.41 x 2200|
|Day's Range||144.01 - 144.74|
|52 Week Range||113.22 - 144.87|
|PE Ratio (TTM)||8.13|
|Expense Ratio (net)||0.20%|
This week’s economic calendar will provide investors with two very important data points: the Federal Open Market Committee (FOMC) meeting on Tuesday and Wednesday that culminates with an announcement of monetary policy and the initial Q2 GDP reading on Friday. This week’s FOMC meeting and announcement are not expected to provide much in the way of excitement for the Street. The FOMC is widely expected to keep the federal funds target rate range unchanged at 1.00% to 1.25%.
As long as you keep that in the forefront of your mind, you are in a position to navigate this market.
Andrew Peck: I manage the Baron Asset Fund, which is an open-ended mutual fund focused on investing in midcap growth stocks. We consider midcap growth to be stocks between roughly $3 billion and $30 billion in market cap at time of purchase. The fund’s weighted average market cap is around $15