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Profit matters most as investors’ focus changes

Profits are moving U.S. equity prices more than at any time since the bull market began three and…

Profits are moving U.S. equity prices more than at any time since the bull market began three and a half years ago. That market is rewarding investors for picking stocks based on company data instead of following the herd spooked by Europe's debt crisis and a slowing U.S. economy.

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