Fidelity- Two Top Picks for Growth Investors

  • Date: 20-Jul-2021
  • Source: Yahoo News
  • Sector:Economy
  • Country:Gulf
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Fidelity- Two Top Picks for Growth Investors

Market volatility has so far been low this year (no large daily swings up or down). But there has been considerable market rotation which actually got started late in 2020, explains John Bonnanzio, editor of Fidelity Monitor & Insight.

In the first quarter of 2021, Fidelity’s large-cap value funds easily outpaced their pricier growth-stock counterparts with an average return of 10.8% versus 2.6%, respectively.

An even wider gulf of about 18 percentage points appeared between small- and large-cap funds. And so it followed, of course, that small-cap value funds left large-cap growth offerings in the dust.