NEW YORK - The massive U.S. market rotation into value stocks over the last two weeks is finally giving value fund managers a reason to be hopeful after years of underperformance.
Yet portfolio managers from firms such as Hillman Funds, Artisan Partners and Eaton Vance say that they are taking the rally in value stocks - so called because they trade at cheaper valuations than the rapidly expanding companies in the growth stock category - to sell some of their best performers and move into companies that are further out of favor. The move is based on views that the market’s shift to value stocks will not last.
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:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Everything Jim Cramer said about the stock market on 'Mad Money,' including Saudi oil strikes, valuing cloud stocks and Saudi Aramco's IPOJim Cramer breaks down Wall Street's reaction to drone strikes on Saudi Arabian oil facilities, how Wall Street values cloud stocks and interview with Paxos CEO.
Source: CNBC - 🏆 12. / 72 Read more »
Resilient U.S. Growth Propels Stocks as Trade Fears EaseInvestors are piling back into stocks and unwinding massive bets on haven assets, illustrating renewed faith that a resilient U.S. consumer can continue powering economic growth. It's ok Saudi Arabia & gulf countries are always willing to help ....
Source: WSJ - 🏆 98. / 63 Read more »
Worried about the stock market? Here are easy ways to cut riskGrowth has outperformed value for a decade, but the next blowup may change that.
Source: MarketWatch - 🏆 3. / 97 Read more »
JP Morgan's stock guru says oil won't hurt stocks until it hits $80J.P. Morgan's chief quant says oil prices would start to hurt stock prices when they hit the $80 to $85 range. This market is artificially inflated. It should be much lower give geopolitical and economy data. It is waiting for a wing and a prayer from the Fed.
Source: CNBC - 🏆 12. / 72 Read more »