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U.S. fund managers expect value stocks to jump in 2018
Value stocks are getting a once-over from some U.S. growth fund managers in early 2018 as they prowl for overlooked shares they think have more upside in a market that gained nearly 20 percent last year. Value stocks, so labeled because they typically sport lower price-to-earnings valuations, tend to be in more staid or out-of-favor industries and often lag during outsized stock rallies, which is exactly what happened in 2017. The S&P 500 Value index (.IVX) - a measure of companies such as Berkshire Hathaway Inc (BRKa.N) and JP Morgan Chase & Co (JPM.N) - gained just 12.6 percent last year.
https://finance.yahoo.com/news/u-fund-managers-expect-value-094037567.html?.tsrc=rss
Value stocks are getting a once-over from some U.S. growth fund managers in early 2018 as they prowl for overlooked shares they think have more upside in a market that gained nearly 20 percent last year. Value stocks, so labeled because they typically sport lower price-to-earnings valuations, tend to be in more staid or out-of-favor industries and often lag during outsized stock rallies, which is exactly what happened in 2017. The S&P 500 Value index (.IVX) - a measure of companies such as Berkshire Hathaway Inc (BRKa.N) and JP Morgan Chase & Co (JPM.N) - gained just 12.6 percent last year.
https://finance.yahoo.com/news/u-fund-managers-expect-value-094037567.html?.tsrc=rss
