Five Spot: Lirola Sees 'Too Much Bullishness'

Needham Asset Management's Bernard Lirola says there's too much bullishness in the stock market.

He's sticking with small technology and consumer companies for his $12 million Needham Aggressive Growth Fund(NEAGX Quote), which is rated five stars by Morningstar(MORN Quote). The mid-cap growth fund is up 9% this year, tripling the 2.8% gain of the S&P 500 Index. The fund has lost 1.8% a year, on average, in the past year, but gained 4.5% in the past five.

Lirola shares his stock picks in today's Fund Manager Five Spot, where America's top mutual fund managers offer their investing views in five fast and furious questions. ...