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

Baillie Gifford US Growth (LON:USA)’s stock price hit a new 52-week high during trading on Wednesday . The stock 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 Stock Performance

The business has a fifty day simple moving average of GBX 302.76 and a 200 day simple moving average of GBX 289.93. The stock has a market cap of £949.88 million, a price-to-earnings ratio of 17.33 and a beta of 0.67.

Baillie Gifford US Growth Company Profile

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.