8. FIDELITY GROWTH COMPANY FUND (FDGRX)
Return: 16%Assets: $35 billion Manager: Steven Wymer, since January 1997 Top stocks: Apple (AAPL - Get Report), 5.5%, Salesforce.com (CRM - Get Report), 4%, and Google (GOOG), 3% Big winner: Riverbed Technology (RVBD) develops technologies that increase the performance of wide-area computer networks, and are also used in cloud computing. The company makes up 0.85% of the fund, and its shares have tripled this year. Strategy: With 301 stocks, only 25% of the fund in its top 10 holdings and a portfolio turnover of 65%, Wymer is one busy guy. Computer hardware is the largest sector allocation, at 19.8%, followed by health care, at 16.6%. Indicative of the size and scope of the portfolio, its holdings range from Exxon Mobil (XOM), with a $360 billion market cap, to a huge bet on up-and-comer Red Hat Technologies (RHT), valued at $8.9 billion. The fund lost 40% in 2008 and about as much the following year.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts