3 Stocks Peter Lynch Would Love
Peter Lynch is a name that may be lost on some younger investors, but no one dominated the mutual fund game in the 1980s the way he did. His no-nonsense approach to identifying winners made the Fidelity Magellan fund he managed at the time the industry leader with market-trouncing returns.
He retired as an industry rock star, penning investing classics One Up on Wall Street and Beating the Street to cement his status as a stock-picking legend. Lynch was all about buying stocks that were easy to understand, and some of his best investing ideas came from just taking his wife and kids to the mall to get a pulse on what retail concepts were trending.
Lynch would probably be killing the market again now. Big gainers Netflix (NASDAQ: NFLX), Peloton (NASDAQ: PTON), and Chipotle Mexican Grill (NYSE: CMG) would be the kind of stocks he'd be gobbling up these days. Let's take a closer look at the three consumer-facing winners.
Source Fool.com
