Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

How To Identify U.S. Stocks With Attractive Growth Potential: (PRWAX)

FYI: You may have seen recent headlines about a “rotation” of investor money into value stocks from growth stocks. Be skeptical about that — unless you are convinced the U.S. economy is heading into a recession.

Growth has been king over the past 15 years, and if you still want to adopt that strategy for some of your portfolio, the $5.2 billion T. Rowe Price New America Growth Fund PRWAX, has beaten its benchmark, the Russell 1000 Growth Index RLG, -0.95%, for most of those periods. Justin White, the fund’s portfolio manager, explained the fund’s strategy and his stock-picking method in an interview with MarketWatch.
Regards,
Ted
https://www.marketwatch.com/story/how-to-identify-us-stocks-with-attractive-growth-potential-2019-10-22/print

M* Snapshot PRWAX:
https://www.morningstar.com/funds/xnas/prwax/quote

PRWAX Is Ranked #47 In The (LCG) Fund Category By U.S. News & World Report:
https://money.usnews.com/funds/mutual-funds/large-growth/t-rowe-price-new-america-growth-fund/prwax
Sign In or Register to comment.