澳洲幸运5官方开奖结果体彩网

9 High-Octane Stocks Poised to Rise Higher

Investors seeking dramatically above-average returns in growth stocks might look at companies, including Dunkin' Brands Group (DNKN), The New York Times Company (NYT) and Redfin (RDFN), all ꧙of them picks of the outperforming Jackson Square SMID-Cap Growth fund, as outlined in a .

The $509 million fund, which is the leader in its mid-cap growth category on Morningstar, has dramatically beaten the market by posting a 16% total return over the last decade, according to Morningstar data. Over the past year, the fund's 33% return has beaten the 22% gain of its peers, according to the data. (For more, see also: 澳洲幸运5官方开奖结果体彩网:Best Performing S&a🌄mp;P 500 Stocks So Far in 2018.) The seven other stocks Jackson Square favors are: Bio-Techne (TECH),  (CARS), Expedia Group Inc. (EXPE), J2 Global (JCOM), Logitech International (LOGI), Paycom Software (PAYC), and  (WIX), 

“I like to sit back and think—about where the consumer is going in five years, what will still be a competitive advantage, or how technology is going to change the way we live—to form a mosaic,” said Christopher Bonavico, who co-manages the firm with his long-time partner Kenneth Broad, in an interview with Barron's. 

Bonavico and Broad's fund is unique in the growth investing space as far as the managers put less focus on metrics such as price to earnings growth or enterprise value to sales, and instead hone in on free cashflow, balance sheets and returns on investment. By identifying companies trading at a price below their estimated intrinsic value, the Jackson Square SMID-Cap Growth fund has held up better during market downturns, although it may be at risk of falling behind in a market rally, as noted by Barron's. The fund targets companies smaller than $7.5 billion in market value, and holds just 30 stocks, with a long-term investment horizon. 

Company Market Value
Dunkin' Brands $5.76 billion
New York Times $4.33 billion
Redfin $1.89 billion

Dunkin' Brands

Jackson Square likes food and beverage industry player Dunkin' Brands, highlighting the firm as a fast-growing company with a conventional business model. Dunkin' accounts for 4.4% of the growth fund's portfolio, and has been able to return money to shareholders through dividend payouts and stock repurchases, while still expanding its global footprint. DNKN shares have outperformed the broader market in the recent period, up approximately 30% over 12 months compared to the S&P 500's 14.7% return. Jackson Square's co-managers expect Dunkin's diversification from simple coffee to espresso-based drinks to continue to boost sales, and therefore the stock's price.

New York Times

The growth fund's portfolio lists many well established market leaders such as the New York Times, which is its largest holding. Broad and Bonavico expect the media behemoth to maintain its leadership position as it transforms to meet changing consumer preferences for subscriptions and digital services. The co-managers highlighted the New York Times' 40% growth in digital subscriptions for 2017, shedding light on prospects for the firm to become a type of Netflix Inc. (NFLX) or Spotify Technology SA (SPOT) for the news and magazine industry. 

Redfin

The growth fund also looks outside of well-established companies, and has targeted firms that are underestimated for their power to disrupt industries and provide improved efficiency and customer experience. One such example given by the co-managers in the Barron's interview was real estate brokerage Redfin. While investors generally view the software company a simple lead-generation site comparable to Zillow, Bonavico indicates that its services have the ability to remove the hassles and costs out of transactions in the massive residential real estate market. (For more, see also: 澳洲幸运5官方开奖🦋结果体彩网:Greenlight Capital Losing Money, Investors: WSJ.)

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