Analysis: Rewards shift to stock pickers in U.S. market rally

It's a good time to be a stock picker. Some 57 percent of U.S. funds run by active managers are beating their benchmark indexes this year, according to fund-tracker Morningstar. That is the best overall performance for the industry since 2009 and well above the 37 percent of funds that typically top the indexes. Nearly 69 percent of companies are beating analyst estimates in the third-quarter - that's typical, but this season the misses are not concentrated in any particular sectors.

via Business News - Yahoo Finance http://finance.yahoo.com/news/analysis-rewards-shift-stock-pickers-073434900.html