A Time-Tested Active Approach to Capture the Growth of the Future
April 15, 2021
Investors focusing on growth opportunities of 2021 can consider targeted exchange traded fund strategies to enhance their portfolios.
In the recent webcast,
Growth Stocks: How to Invest Beyond Big Tech, Joseph Fath, Portfolio Manager, T. Rowe Price, outlined the current bull market, pointing to stocks that have rallied despite sharp earnings declines during 2020 as P/Es increased dramatically. While this might be seen as an increase in sentiment without a corresponding improvement in fundamentals, he argued that this is actually the typical pattern seen during a rebound from a sharp economic downturn.