Baron Funds Comments on CaesarStone Sdot-Yam Ltd

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Mar 24, 2015

CaesarStone Sdot-Yam Ltd. (CSTE) saw its stock price rise in the fourth quarter. CaesarStone is a leading global manufacturer of quartz surfaces for kitchens and bathrooms. Performance was driven by a strong earnings beat for the third quarter and management’s rosy outlook, as earnings growth continues to accelerate from successful new product launches and quartz market share gains vs. other countertop materials, such as granite and marble. (David Kirshenbaum)

From Ron Baron (Trades, Portfolio)’s Baron Focused Growth Fund Q4 2014 Quarterly Report.