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Stock market investors are 'piled up' in a historically failing trade, JPMorgan warns

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Investors in 2020 should focus on firms that are setting achievable targets says the bank's small and mid-cap stock strategist.

The market is currently "piled up" in what history shows is a loss-making trade, according to one of JPMorgan's top stock pickers.

So-called "growth stocks" typically generate earnings at an accelerated rate and can often be found in the technology or pharmaceutical sectors. One prime example being Apple.

 

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