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Chris Retzler, manager, of the $8 million Needham Small Cap Growth Fund(NESGX Quote), says he's avoiding the airline industry because he expects oil prices to rise as the economy recovers.
The fund is rated five stars by Morningstar(MORN Quote), the research firm's highest rating. The fund is up 20% this year, outperforming the Russell 200 Index, which tracks small companies. It has lost 8% annually, on average, in the past three years, while the Russell has lost 28%. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,390.11 | 1,103.25 | 2,189.61 | 34.48 |
Oil *
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UP
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DOWN
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DOWN
4.74
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10 Yr
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SPDR Gold
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-0.25%
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-1.00%
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