3 Value Stocks That'll Make You Richer in the Fourth Quarter (and Beyond)
For more than 12 years, growth stocks have been the talk of Wall Street. Historically low lending rates and dovish monetary policy from the nation's central bank have paved the way for fast-paced companies to borrow at attractive rates.
But over the very long run, value stocks have outperformed growth stocks. A study from Bank of America/Merrill Lynch found that value stocks delivered an average annual return of 17% between 1926 and 2015, which compared to a 12.6% annual return for growth stocks over the same period. While investors are unlikely to complain with double-digit annualized returns, it's worth noting that value stocks have been the superior place to be during economic recoveries and periods of expansion.
As we move into the fourth quarter, the following three value stocks stand out for all the right reasons and have the potential to make shareholders a lot richer in the short term and, most importantly, well beyond.
Source Fool.com
