Insider – 3 value investors break down why they expect the bargain-hunting investing strategy to outperform in the year ahead
An Insider article on value stock picks quotes Easterly Investment Partners Co-Chief Investment Officer Jack Murphy as noting that, while value stocks have been running ahead of growth stocks recently, it will be a while before the valuations of companies adjust to normal levels. “If growth stocks fell 30% and value stocks rose 30%, that might get us back to parity. This would have to go on for a long time before we feel vindicated,” said Murphy. Read more (subscription required).