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Janus Makes Big Bet on Telecom Sector
Janus has spoken, and the word is telecom.
The top-selling Denver growth shop filed shareholder reports for its 15 retail stock funds with the Securities and Exchange Commission Thursday. The reports show several Janus fund managers are hung up on an eclectic trio of stocks that add up to a fat bet on the telecommunications sector: Nokia(NOK Quote), Texas Instruments(TXN Quote) and Enron(ENE Quote).
How big a telecom bet is Janus making? Here's a telling tibdit: In seven of the company's 15 funds, Nokia is the top holding. ...
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