How to invest in a pandemic: Buy boring stocks

  • 📰 CNN
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Value stocks — companies in sectors like energy, financial services and retail — have finally started to outperform sexier technology companies and other growth stocks.

New York With all the volatility in the market lately, it may seem rash to make much of one week's trading. But value stocks -- companies in sectors like energy, financial services and retail -- have finally started to outperform sexier technology companies and other growth stocks.

Could this be a start of a new trend? A time for value to shine at last? The S&P 500 Value index gained nearly 5% in the past week, while the S&P 500 Growth Index is up about 2.5%. The S&P Technology Sector exchange traded fund, which is home to many of the top FAANG stocks, has increased 2%. Big tech stocks have lagged a bit recently.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As companies' margins collapse, Goldman tells clients to buy this portfolio of profit growersNew for subscribers: As companies' margins collapse, Goldman tells clients to buy this portfolio of profit growers Check out CNBCPro for a free trial. Pro BEST FREE BETTING CHANCEL. He beting all sport, mainly lower leagues based on info, knowledge. Just JOIN and enjoy.
Source: CNBC - 🏆 12. / 72 Read more »

Buy now, pay later startup Affirm launches high-yield savings account - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »