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IBD: Cognex, Adobe Help American Century Ultra Fund's Big Rebound
FYI: s the late 2016 Trump Trade fades in the rearview mirror, $10.3 billion American Century Ultra Fund (TWCUX) is shining brighter. Boosted by such leading stock holdings as Cognex (CGNX), Adobe Systems (ADBE) and Netflix (NFLX), the fund's 28.07% gain this year going into Thursday topped 76% of its large-cap growth rivals tracked by Morningstar Direct. In all of 2016, the fund advanced just 4.38%, beating only 58% of its peers. Regards, Ted https://www.investors.com/etfs-and-funds/mutual-funds/cognex-adobe-help-american-century-ultra-funds-big-rebound/
