BOSTON ( TheStreet) -- The U.S. stock market has risen almost 10% so far in October, one of the best monthly performances in two decades. But investors in companies including Netflix (NFLX - Get Report) and First Solar (FSLR - Get Report) have been left out of the rally.Those are called momentum, or momo, stocks, which refers to companies that rise for intangible reasons, not for their fundamentals. Before this month, they outperformed the broader market since the March 2009 bottom. But as earnings growth expectations have been reined in due to fears of the debt crisis in Europe and a slowdown in emerging markets, some high-flier stocks have been decimated.
'Momo' Stocks Dumped During Bloody October
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