RBC Capital Markets tracked long-only large-cap-fund holdings and analyzed the stocks they were most overweight.The group's performance struggled in the first quarter, but has picked up in Q2.
That's according to RBC Capital Markets, which recently looked at the stock-level holdings of actively managed large-cap funds, which are slightly outperforming benchmarks this year. These Gorillas of Growth have outperformed since the end of 2010 despite two years of weak performance in 2014 and 2016. IT services and software companies account for five of the top six names, affirming RBC's view that those industries remain over-owned industry. All but three of the companies on the list come from the tech, internet, media, or telecom industries.Everyone is asleep on these 17 stocks. One Wall Street firm says you should buy them right now to crush the market.