Market Sell-Off: Here's 1 Value Stock Holding Up Better Than the Rest
It's no secret that stocks have gotten beaten up over the past few months. Over the past year, the S&P 500 is down 3.2% and down 15.3% year to date.
Investors have shown concerns about inflationary pressures in the economy, and the Federal Reserve is raising interest rates to address those concerns. Growth stocks have taken the biggest hit, with the Vanguard Growth ETF down 10.6% in the last year.
One area of the stock market that has held up during the sell-off is value stocks. Specifically, companies that generate strong cash flow have held up well. One stock with strong cash flows and a cheap valuation is Chubb (NYSE: CB). The international insurance company has seen its stock gain 23.1% over the past year despite the market's broader sell-off.
Source Fool.com
