Figures released by Fidelity Investments have revealed that almost half UK stocks returned more than 20 per cent growth last year.
The 304 UK stocks - making up 46 per cent of the British stock market - did significantly better than the market average of 13 per cent growth.
When incorporated into the long-term average, the figures reveal that one in three stocks return at least 20 per cent over any calendar year, Fidelity Investments asserts.
"There are always opportunities for good stock-pickers, no matter what the economic backdrop," said Sanjeev Shah, manager of Fidelity UK Aggressive Fund.
Even in 2002, when the market as a whole lost 22.7 per cent, more than 60 stocks returned at least 20 per cent.Research investments by clicking here.
© DeHavilland Information Services plc