TIAA-CREF’s Top Three Large Cap Growth Stocks

Value has outperformed growth thus far in 2016, but don't expect that lead to last, especially for stocks like Celgene (CELG), Norwegian Cruise Line (NCLH) and Intuit (INTU).
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Value has outperformed growth thus far in 2016, but don't expect that lead to last, especially for stocks like Celgene (CELG) - Get Report , Norwegian Cruise Line (NCLH) - Get Report and Intuit (INTU) - Get Report , said Susan Hirsch, portfolio manager for the TIAA-CREF Large-Cap Growth Fund (TIRTX) - Get Report . 'Last year we were one of the few winners so I think it was inevitable that this would be a year of correction, so I think it will be a short term phenomenon,' said Hirsch. 'We are living in a world of moderate growth, and companies that can grow revenue and earnings at a 15% to 20% clip will be sought after on a long term basis.' The TIAA-CREF Large-Cap Growth Fund is down 5% thus far in 2016, according to fund-tracker Morningstar.