An interesting trend - U.S. value stocks outperform U.S. growth stocks. Here is some perspective.
Not long ago (Q2 2012) two prominent authors, Mark Hulbert and John Authers pointed out that growth stocks had been relatively strong for quite a while. Given that value typically outperforms in the long run, both shared interesting observations. The picture has changed since that time.
Don't Give Up on Value Stocks
Based on history, value-oriented shares should outperform their growth counterparts in the coming years.
By MARK HULBERT
MAY 8, 2012
When value goes out of style
Throughout history value has outperformed. In the fallout from the bursting of the tech bubble in 2000, value stocks did well.
When growth is scarce, people will pay a premium for it. So companies that are growing continue to outperform.
By John Authers
April 27, 2012
And here we are today: