The High-Growth Industry Packed With Value Stocks That Wall Street Is Ignoring
It's one of the oldest debates on Wall Street: growth stocks versus value stocks. Which should be bought and held by the investment community?
According to a report released in 2016 by Bank of America/Merrill Lynch, investors don't have to be picky. After examining the performance of growth stocks and value stocks over a 90-year period (1926-2015), BofA/Merrill Lynch found that value stocks outdid growth stocks on an annualized basis (17% to 12.6%), but both had the potential to make long-term investors rich.
Image source: Getty Images.
Source Fool.com
