If there’s been one constant over the last few years, it’s been that “growth” has beaten “value” by a wide margin.
As the economy has heated up and we’ve moved further into the business cycle, investors have been drawn to various growth-style stocks and their better earnings potential. And this trend has persisted for a multitude of quarters and was only exacerbated when pro-business Trump was elected.
But recently, momo stocks have become a no-go.
As valuations have continued to hit historical highs, investors have gotten a little uneasy about just how much potential they are placing in the hands of growth stocks. And because of that, growth has started to flounder. For investors – especially income seekers – now could be value’s time to regain the spotlight.