The Russell 1000 Growth Index INDEXRUSSELL: RLG remains in a positive long-term uptrend.
This bodes well for growth stocks.
But what about the performance fo growth stocks versus the broader market?
The Russell 1000 Growth Index is showing excellent relative performance versus the S&P 500 Index INDEXSP: .INX. Again, bullish for growth stocks.
And finally, how about growth stocks versus value stocks?
The Russell 2000 Growth Index continues to outperform the Russell 2000 Value Index INDEXRUSSELL: RLV. And the momentum of this ratio has accelerated. Once again, bullish growth stocks.
With this in mind, our firm ranked all the components of the iShares Russell 1000 Growth Index (IWF) and created a top 20 stocks using our multi-factor model.
Below we share a handful of them here (the rest are available to clients).
Intuit NASDAQ: INTU and Pool Corporation NASDAQ: POOL
Boston Scientific NYSE: BSX and Interactive Corp NASDAQ: IAC
The author may have positions in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
