3 of the Fastest-Growing Large-Cap Stocks on the Planet
Historically speaking, value stocks have outpaced growth stocks over the long run, although both have produced handsome returns for buy-and-hold investors. A Bank of America/Merrill Lynch report released in 2016 found that the average annual return for value stocks was 17% between 1926 and 2016, compared to 12.6% for growth stocks over the same 90-year period.
Yet, here's something investors will find interesting: Since the Great Recession, growth stocks have run circles around value stocks. The historically low-interest-rate environment has encouraged lending and borrowing, which is great news for rapidly expanding growth stocks. And with rates expected to remain low for the foreseeable future, it leaves the door open for ongoing outperformance.
Though you might be tempted to look for growth stocks in the small-cap and mid-cap arena, don't forget about large-cap stocks (those with markets caps of at least $10 billion). Despite often being viewed as mature businesses that left their growth phase in the rearview mirror a long time ago, the following three companies would respectively disagree. In fact, these three large-cap stocks are some of the fastest-growing companies on the planet.
Source Fool.com
