3 Value Stocks That'll Make You Richer in September (and Beyond)
Since the end of the Great Recession, all eyes have been on growth stocks. Historically low lending rates and abundant access to cheap capital have allowed fast-paced businesses to thrive. But pull the lens back a bit further and you'll see that value stocks are the true long-term outperformer.
In 2016, Bank of America/Merrill Lynch released a report that compared the performance of value stocks to growth stocks over a 90-year period (1926-2015). The result was a clear-cut outperformance for value: A 17% annual return for value stocks versus a 12.6% annual return for growth stocks. Even though value stocks may be playing second fiddle to growth stocks at the moment, they're a solid investment choice for people with a long-term mindset.
The following trio of brand-name value stocks all stand out as having the tools necessary to make investors richer in September, and most importantly, well beyond.
Source Fool.com
