Apple is the only stock that matters for managers

MacDailyNews
Oct 5, 2020, 3:47 pm448 pts
When Apple stock rallies, its unprecedented market weight creates headaches for stock managers because, basically, they never own enough of it. That dynamic played out starkly once again in the third quarter. Lu Wang for Bloomberg: Only 27% of large-cap mutual funds beat their benchmarks in the span, the…

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