ClearBridge Multi-Cap Growth Strategy Portfolio Manager Commentary Q1 2019

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Includes: ADSK, AVGO, BIIB, CMCSA, CREE, CTXS, IMGN, IONS, LLL, QRTEA, STX, UNH, WDC
by: ClearBridge Investments
Summary

ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers.

Negative clinical news from a large biotechnology holding hurt results but we remain confident innovation in the healthcare sector will be rewarded.

Mega-cap technology stocks continued to outperform in a market that saw a broadening of leadership.

The current environment remains favorable for undervalued growth companies with strong competitive positions and healthy free cash flow generation.

Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.