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The No. 3 fund manager of 2019 is betting big on a corner of the market he thinks can survive the retail apocalypse, regardless of outcome. Here are the 2 stocks he’s using to take advantage.

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  • Chip Reed runs one of the top mutual funds of 2019, and discount retailers TJX Cos. and Ross Stores were big winners for him.
  • Reed says those two chains are actually benefiting from the turmoil in the retail industry because it’s doing more damage to their competitors.
  • Both stocks have made enormous gains in the past decade, and Reed expects them to keep outperforming whether or not there’s a recession — although a downturn would also benefit them.
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How do you invest in an industry that’s going through an “apocalypse?

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Source:: BusinessInsider.Com