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


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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