Don’t be fooled by the ‘value’ tag on these tech stocks. Many can provide plenty of growth too

With another round of federal stimulus on the way and expectations for solid growth for the U.S. economy this year, value stocks have been rallying. Stocks with low valuations tend to do well during economic growth phases.

So an easy way to play value at this time is to buy shares of an exchange traded fund that tracks the Russell 1000 Value Index RLV, +0.32%, such as the iShares Russell 1000 Value ETF IWD, +0.31% or the Vanguard Russell 1000 Value ETF VONV, +0.32%. As always, do your own research on any investment you consider to make an informed decisions.

The curious case of Facebook You might wonder about Facebook, which lives in both the value and growth worlds. Its forward P/E valuation of 23.2 is relatively low. But Facebook is very much a growth stock — sales increased 22% last year, and analysts expect even better revenue growth of 25% in 2021. There are 16 companies on the list that are expected to produce double-digit increases in sales in 2021, including Skyworks Solutions Inc. SWKS, +3.63% and Qualcomm Inc. QCOM, +3.03%. Both are expected to grow their revenues by 21% this year.

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Weekend reads: The value proposition in the stock marketAlso: tips for getting your $1,400 stimulus payment; biotech stocks picks; two IPOs and the next dominant electric-vehicle maker after Tesla. thanks I lost income in 2020 which will make me eligible for the $1,400.00 stimulus check (I didn't qualify for the 2nd stimulus payment). Will the IRS go by my 2019 return, or can I file my 2020 tax return (in the next week or two) and still receive the 3rd stimulus payment?
Source: MarketWatch - 🏆 3. / 97 Read more »