This under-the-radar fund tracking the fastest-growing companies has doubled the Nasdaq's return

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

New for subscribers: This under-the-radar fund tracking the fastest-growing companies has doubled the Nasdaq's return Check out CNBCPro for a free trial.

People visit the Charging Bull Statue during Covid-19 pandemic in Lower Manhattan, New York City, United States on May 25, 2020.

Growth stocks have led the way by a long shot this year as investors flock to companies with internal strength to overcome the unprecedented uncertainty from the coronavirus. The pandemic also accelerated many technological and societal trends that benefit growth names.— is leaving its peers in the dust, soaring more than 51% this year. That's double the tech-heavy Nasdaq Composite's 23% return.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Silicon Valley's answer to the NASDAQ has been in tests since Monday - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. A world is full of technology.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tech stocks will still be 'the winner' in near future despite rising US-China tensions, Nasdaq rally, Deutsche Bank says | Markets InsiderTuan Huynh, Deutsche Bank Wealth Management CIO for Europe and Asia, told CNBC on Friday that tech stocks will still be 'the winner' in the near...
Source: BusinessInsider - 🏆 729. / 51 Read more »