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Mutual fund ownership is a key factor for savvy investors. Institutional sponsorship is a sign that a company has strong growth prospects. And when funds are building big positions, stocks tend to move higher. Today’s Screen of the Day takes a look at IBD’s Accelerating Mutual Fund Ownership list, with a focus on five technology stocks that mutual funds are snapping up right now. All five companies have an Accumulation/Distribution Rating of B or Scalper1 News
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