Baillie Gifford US Growth (LON:USA) Reaches New 12-Month High – Still a Buy?

Baillie Gifford US Growth (LON:USAGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 344.50 and last traded at GBX 343.26, with a volume of 1379536 shares traded. The stock had previously closed at GBX 330.

Baillie Gifford US Growth Price Performance

The stock’s fifty day simple moving average is GBX 302.76 and its 200-day simple moving average is GBX 289.93. The stock has a market cap of £949.88 million, a P/E ratio of 17.33 and a beta of 0.67.

Baillie Gifford US Growth Company Profile

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The Trust aims to produce long-term capital growth by investing predominantly in equities of companies which are incorporated, domiciled or conducting a significant portion of their business in the United States of America. The maximum amount which may be invested directly in private companies shall not exceed 50% of the total assets of the Company, measured at the time of investment. We are bottom-up, growth investors with a long-term horizon. The portfolio consists of direct holdings in listed securities and private companies in up to a combined maximum of 90 companies or funds, typically with 30 or more listed security holdings.

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