3 Value Stocks That'll Make You Richer in June (and Beyond)
For more than a decade, growth stocks have ruled the roost on Wall Street. That's because fast-growing companies have been basking in perfect conditions. The Federal Reserve has stood by historically low lending rates, and its monthly bond-buying program is helping to keep long-term yields low. This has allowed growth companies to borrow at incredibly cheap rates.
But pan out a bit further, and you'll see a history when value stocks thrive.
Back in 2016, Bank of America/Merrill Lynch released a report that examined the performance of value stocks versus growth stocks over a 90-year stretch (1926-2015). The result? Value stocks delivered the higher average annual performance (17% vs. 12.6%). What's more, they performed significantly better during the early stages of an economic recovery, which is where we are now.
Source Fool.com
