Investing in growth stocks calls for a clearly defined combination of investment objectives and thematic perspectives. Frank V. Jennings and his research team at the Oppenheimer Global Opportunities Fund search for companies that can sustain their earnings and benefit from either the development of new technologies, spread of wealth, shifting demographics, or corporate restructuring.

In the world of investing, the price one pays is as important as the company one invests in. Andrew Davis and Keith Sabol, portfolio managers of the Davis Appreciation & Income Fund, pay close attention to company valuation and adhere to a strict buy and sell discipline.

Large companies with a product portfolio of branded products are worth considering by investors, as they have pricing power that translates into rising earnings and cash flows generating sustainable returns. Arthur Q. Johnson, portfolio manager of the Mundoval Fund, scours the globe to buy such companies when they trade at a discount to their intrinsic values.