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# industry-selection2 quotes

INDUSTRY-SELECTION

It is better to be in the best stocks of a growth industry than to look for cheap companies in declining ones.

growth-investingindustry-selectionT. Rowe Price Associates research memo, 1947

The fertile fields for growth are those industries where the products or services are becoming necessities rather than luxuries.

growth-investingindustry-selectionT. Rowe Price client newsletter, 1955