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Sunday, December 03, 2006

Big Growth A-Go-Go

Since the 2000 tech crash, large-cap growth stocks have lagged their counterparts by historic proportions. Time to buy. Big earnings boosts. Big market valuation increases. Big price/earnings multiples. Big futures. That's what large growth stocks are all about. But these issues also are big on volatility. They have this Icarus-like trait of flying high, then plunging. Lately, however, they are showing signs of heading up once again. If so, now is a good time to get back in, while large growth shares are still relatively cheap.
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