3 Value Stocks That'll Make You Richer in July (and Beyond)
For more than 12 years, Wall Street and investors have been enamored with growth stocks. That's because historically low lending rates and abundant access to capital created the perfect environment for fast-paced companies to thrive.
But what investors might be overlooking is that value stocks have actually outperformed growth stocks over the very long term. A Bank of America/Merrill Lynch report from 2016 notes that value stocks delivered a higher average annual return over 90 years (1926-2015), relative to growth stocks (17% versus 12.6%). What's more, this report showed that value stocks performed particularly well during the early stages of an economic recovery, which is where we are right now.
The point is this: If you want to build wealth on Wall Street, value stocks are a smart way to do so. Below you'll find three value stocks that can make you a lot richer in July, and well beyond.
Source Fool.com
