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Eleven cheap growth shares with momentum

This column has been on a bit of a run recently, reporting time and again fantastic outperformance from the screens we ran a year or so ago. Unfortunately, all good things come to an end. And although the marginal outperformance of last year's James O'Shaughnessy growth screen does not represent a juddering halt, an 11.7 per cent total return between 14 February 2012 and 4 February 2013 compared with 11.6 per cent from the FTSE All-Share is hardly going to set pulses racing. Our 2011 O'Shaughnessy growth screen did a bit better, producing a 5.7 per cent total return between 1 February 2011 and 14 February 2012 compared with 2.1 per cent from the index.

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By Algy Hall,
14 February 2013

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