"Despite a gain of more than 10% in the S&P 500 over the past three months, there's still a real buying opportunity in growth stocks," wrote Birger. "Our 10 best for 2011 are expected to bolster their profits an average of 61% next year -- vs. 14% for the S&P -- and yet they trade at an average 12 times next year's earnings, vs. 13 times for the S&P.
"Our selections this year are slanted toward commodities. Exposure to oil, chemicals, and fertilizer should provide protection against a falling dollar or an outbreak of a 1970s-style rise in inflation, which we think is a bigger threat than a double-dip recession. (We've also made some contrarian selections, including one housing-related stock.)"
With one quarter of 2011 in the books, let's check in on how Fortune's 10 stocks for 2011 are doing so far vs Standard & Poor's benchmark index, the S&P 500, which was up 5.4% for the period.
NEXT: Mosaic
