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The Daily Screen: The Best Large-Cap Growth Funds

 

Big-cap growth funds rode tech stocks to solid gains last year, but this year both are headed in the opposite direction.

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These funds typically buy stocks of large companies that are growing their earnings faster than their peers and/or the market. As you might imagine, this approach often leads to big bets on pricey stocks in sectors like technology and telecommunications. At the end of October, the average big-cap growth fund had 43% of its money invested in tech stocks, according to Morningstar. ...

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