Signals are flashing that growth stocks are giving way to value strategies
That’s the subheading of the InvestmentNews article. An excerpt:
“I’m seeing it and I have already allocated into it,” Vance Barse, wealth strategist and founder of Your Dedicated Fiduciary, said regarding the recent shift in momentum toward value.
Mr. Barse believes the shift is a combination of “smart money” strategies and macroeconomic factors, including three interest-rate cuts this year that make dividend-paying stocks more attractive relative to bonds.
“Historically, value has outperformed growth during recessions and bear markets,” he said. “The smart money may be aiming to capture the higher dividends offered by value equities while positioning portfolios a little more defensively.”
See Shifting to Value Stocks Just in the Nick of Time in InvestmentNews.