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January 10, 2005

All Business: Look beyond tech stocks for growth

  • Some out-of-the-ordinary industries may very well end up offering superior results.
    • By RACHEL BECK
    AP Business Writer

    NEW YORK — When you think of growth stocks, chances are that shares in the long-considered stodgy utilities sector don't often come to mind. Same goes for most supermarkets, airlines or health care companies.

    That's because the technology sector has long dominated the market's thinking when it comes to growth stocks, and investors have poured big money into them based on expectations that their earnings growth will surpass the overall market.


     
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