Wednesday, May 23, 2018
Stocks To Watch: Who Joins Apple, BofA On List Of New Buys By Top Funds?

Stocks To Watch: Who Joins Apple, BofA On List Of New Buys By Top...

Apple (AAPL) and Bank Of America (BAC) top the latest list of new buys by top-performing mutual funds, but these large investors also placed big bets on stocks in the medical, semiconductor, building, chemical and machinery sectors. X Fund managers tend to take a longer-term approach, so their investments over the last three months in…
Small-Cap Market Tilt: More Tailwind For Hot AMG Stock Mutual Fund?

Small-Cap Market Tilt: More Tailwind For Hot AMG Stock Mutual Fund?

Already performing well this year thanks to leading stocks like PGT Innovations (PGTI), Kinsale Capital Group (KNSL), MCBC Holdings (MCFT) and Medifast (MED) — which are up 10% for PGT to 70% for Medifast — small-cap growth $121.8 million AMG Managers Cadence Emerging Companies Fund's(MECIX) managers see the market environment tilting more their way — more in favor of small-cap stocks.…
Which Leading Stocks Help This Top Mutual Fund Outperform?

Which Leading Stocks Help This Top Mutual Fund Outperform?

Despite its name and a big 41% weighting in tech stocks, AllianzGI Focused Growth Fund (PGWAX) does not aim to focus assets in any one sector. Its tech stock stake at its last count on Oct. 31 came by way of  stock-by-stock analysis at the $1.1 billion fund. X Focused Growth's next biggest sector weighting…
Leaders Like Red Hat, FleetCor Rev Up This Columbia Mutual Fund

Leaders Like Red Hat, FleetCor Rev Up This Columbia Mutual Fund

Columbia Mid Cap Growth Fund (CLSPX) is revving up its engine. In recent periods, the $1.9 billion portfolio has been neck-and-neck with or a tad ahead of the broad market and its midcap growth rivals tracked by Morningstar Direct. So far this young year, going into Thursday, the fund is up 5.08% vs. 4.89% for…
Facebook Carries ESG Stock Status In Calvert Equity Fund

Facebook Carries ESG Stock Status In Calvert Equity Fund

In an industry clogged with look-alike mutual funds, an ESG focus helps Calvert Equity Fund (CSIEX) stand out. The $2.2 billion fund bases its buy decisions not only on fundamental financial analysis but also on socially responsible criteria. X ESG refers to environmental, social and corporate governance criteria. "Investors are attracted to this approach (using ESG…
Rates Surge, Credit Spreads Tighten On Strong Global Synchronized Growth

Rates Surge, Credit Spreads Tighten On Strong Global Synchronized Growth

Interest rates shot up in January to their highest level since 2014 as the market celebrated strong economic growth and the potential for added economic stimulus from President Trump's tax cuts. X The yield on the 10-year Treasury note surged 32 basis points to end the month at 2.72%. Meanwhile, riskier credit sectors saw their average…
Some Mutual Funds Look For Hot Stocks Abroad

Some Mutual Funds Look For Hot Stocks Abroad

January's stock market performance reinforced fund manager expectations that economic growth abroad will be stronger than in the U.S. X "Many investors believe that Europe and Latin America and places like Japan have the potential for even stronger earnings growth than the U.S. in coming quarters," said Tom Galvin, lead manager of $4.3 billion Columbia Select Large Cap…
Look Who's Replacing This Fidelity Top Manager During His Leave

Look Who's Replacing This Fidelity Top Manager During His Leave

Fidelity Investments' plan is that shareholders of Growth Discovery Fund (FDSVX) will find their usual satisfaction in the first five or so months of the year. In that span, Asher Anolic will temporarily take the helm from marquee manager Jason Weiner, who will spend that period away from the fund on a leave of absence, traveling with…
Small Cap Market Tilt: More Tailwind For Hot AMG Stock Mutual Fund?

Small Cap Market Tilt: More Tailwind For Hot AMG Stock Mutual Fund?

Already performing well this year thanks to leading stocks like PGT Innovations (PGTI), Kinsale Capital Group (KNSL), MCBC Holdings (MCFT) and Medifast (MED) — which are up 10% for PGT to 70% for Medifast — small-cap growth $121.8 million AMG Managers Cadence Emerging Companies Fund's (MECIX) managers see the market environment tilting more their way — more in favor of small-cap…
New Buys By Top Funds: BofA Returns, But Apple Goes Missing

New Buys By Top Funds: BofA Returns, But Apple Goes Missing

While Bank Of America (BAC), Cigna (CI) and Texas Instruments (TXN) all once again earned a spot on the latest list of new buys by top-performing mutual funds, the most noteworthy name may be the one that didn't return: Apple (AAPL). X Apple had made the list for two consecutive months as the stock continued…

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Morning Movers: General Motors, Ford Jump on China Tariff Easing, Exxon...

Stocks are set for a higher open this morning as trade-war fears ease. Also, Exxon gains after being added to the Merrill Lynch US 1 list, while General Motors and Ford get a boost from China's decision to lower tariffs on cars.

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