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Stock picking is making a comeback with nearly half of managers beating the market

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Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE), May 6, 2019 in New York City.

Drew Angerer | Getty Images News | Getty Images

Stock picking is making a comeback as active investors are on pace for one of their best years in a decade.

So far this year, 48% of large-cap active funds have beaten their benchmarks, according to Bank of America Merrill Lynch. That’s the second-best rate since the financial…



Source cnbc.com

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