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The Boston Globe


Today’s shunned stocks may be long-term winners

Buying stocks that are lagging behind the market may seem like a questionable strategy, but investors willing to hold on for a couple of years can profit, Ron Sloan, a mutual fund manager at Invesco, says.

Sloan, a 15-year veteran at Invesco, is lead manager of the firm’s Charter fund, which invests in large multinational companies and is designed to give investors a more consistent, less volatile ride than the overall market. He also co-manages a portfolio of medium-size companies with the same objective.

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