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Wall Street Weekahead: Value bulls bang drum for cheap stock resurgence on Fed, vaccine hopes
As U.S. stocks hit record highs, some investors are betting the market’s future gains will be increasingly driven by some of its lesser-loved companies. Value stocks - shares of economically sensitive companies trading at multiples that are usually below those found on growth names - have been among the laggards in the market’s blistering rally from its March lows. The Russell 1000 Value index trades at almost 18 times earnings, up from 14 a year ago, and is up some 45% since late March.
https://finance.yahoo.com/news/wall-street-weekahead-value-bulls-025319068.html?.tsrc=rss
As U.S. stocks hit record highs, some investors are betting the market’s future gains will be increasingly driven by some of its lesser-loved companies. Value stocks - shares of economically sensitive companies trading at multiples that are usually below those found on growth names - have been among the laggards in the market’s blistering rally from its March lows. The Russell 1000 Value index trades at almost 18 times earnings, up from 14 a year ago, and is up some 45% since late March.
https://finance.yahoo.com/news/wall-street-weekahead-value-bulls-025319068.html?.tsrc=rss