Market data on fcntx stock price indicates a year-to-date gain of 8.5%, outperforming most equity mutual funds in its category. With inflation trends cooling, portfolio managers may increase exposure to high-beta tech holdings, potentially enhancing NAV performance. T. Rowe Price Blue Chip Growth fund has a track record of positive total returns for over 10 years. Specifically, TRBCX’s returns over the three and five-year benchmarks are 13.4% and 14.2%, respectively. The fund has an annualexpense ratio of 0.69%, which is lower than its category average. TRBCX has a Zacks Mutual Fund Rank #1. Mutual funds with significant exposure to large-cap stocks, especially those with exposure to artificial intelligence, were some of the big winners. The mutual funds rose as a result of both better-than-expected US economic growth and ongoing excitement about the potential of artificial intelligence. On the other hand, mutual funds with exposure to small-cap stocks lagged the overall market as the focus remained on large-cap stocks, which delivered impressive financial results while backed by solid underlying fundamentals. Current data put fcntx stock price at $22.37, marking a 2-week high. Technical traders highlight strong Relative Strength Index (RSI) readings around 62, suggesting further upside potential before approaching overbought territory.
