Why this portfolio manager prefers value over growth stocks

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Earnings Growth News

Growth Stocks,Magnificent Seven,Value Stocks

Brian Mulberry, Zacks Investment Management client portfolio manager, joins Wealth! to discuss why he prefers value stocks over growth stocks. Mulberry...

Brian Mulberry, Zacks Investment Management client portfolio manager, joins Wealth! to discuss why he prefers value stocks over growth stocks.^GSPC

And I think for good reason that the energy in, in the this the valuation that you're seeing in those stocks is starting to get a little bit top heavy.When you're looking at earnings there, if we concentrate that down into the Magnificent seven, it's still in the mid to high thirties. Now rates are coming down and we heard from the bigger banks last week that their earnings outlook is pretty decent and they expect rates to continue to come down in the next year.

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