3 Large-Cap Growth Funds to Buy as Fed Gears Up for Rate Cuts
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 27 2024
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Source: NASDAQ.COM
Wall Street Rally: Wall Street has rebounded from earlier recession fears, with major indexes closing positively last week and the Dow reaching a record high, driven by expectations of upcoming Federal Reserve rate cuts.
Mutual Fund Recommendations: Investors are encouraged to consider large-cap growth mutual funds like Fidelity Contrafund, Janus Henderson Research A, and T. Rowe Price Lrg Cp Gr I, which have shown strong historical returns and lower expense ratios compared to their category averages.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
