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Fund Managers: 'Stay-at-Home' Trade Has Legs in '21

Fund Managers: 'Stay-at-Home' Trade Has Legs in '21
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Top Mutual Fund Managers: 'Stay-at-Home' Trade Still Has Legs in '21

Top Mutual Fund Managers: 'Stay-at-Home' Trade Still Has Legs in '21
newsmax.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsmax.com Daily Mail and Mail on Sunday newspapers.

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'Stay-at-home' trade still has legs in '21: top mutual fund managers

Stay-at-home trade still has legs in 21: top mutual fund managers
David Randall
,
By David Randall
NEW YORK (Reuters) - The so-called stay-at-home trade will not end next year even if the pandemic is defeated, according to managers of the top-performing U.S. mutual fund managers of 2020. They are continuing to bet on those stocks.
Funds that went early into stocks such as
Zoom
Video Communications Inc and telemedicine company Teladoc Health Inc saw their returns soar this year as more aspects of everyday life went online. Yet the announcements of successful coronavirus vaccines by Pfizer Inc and Moderna Inc in early November have helped broaden the market rally to financial, energy and leisure stocks that would benefit from an economic rebound. That has pushed the return of the S&P 500 Value index up 5% since then, slightly ahead of the 4.1% gain in the S ....

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'Stay-at-home' trade still has legs in '21 - top mutual fund managers

'Stay-at-home' trade still has legs in '21 - top mutual fund managers
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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'Stay-at-home' trade still has legs in 2021: top mutual fund managers

'Stay-at-home' trade still has legs in 2021: top mutual fund managers
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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