Fund for Colleges, Universities Bucks Trend And Switches to Emphasis on Growth Stocks
By By CHARLES J. ELIA,
The Wall Street Journal,
Apr 28, 1977
It's hard to recall a time when the growth-stock investment concept has been so out of favor as it is today. The underperformance of growth stocks in the stock market since late 1974 didn't prevent a further substantial decline in their prices earlier this year. And some analysts argue that many of these erstwhile favorites may be headed lower before their leper-like action runs its course.
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