Saturday, 29 Aug 2020 07:34 AM MYT
Some investors believe the relative cheapness of value stocks, which include energy companies, banks and industrial conglomerates, will catapult them to leadership if the nascent US economic revival gains momentum, shifting focus from the big technology-related stocks that have led markets during the coronavirus pandemic.
Other arguments for a value resurgence have been fueled by signs of progress on a vaccine against Covid-19, which some investors believe could accelerate business reopenings and a return to in-person schooling across the United States. Plenty of market participants doubt value will return anytime soon, or that such a move can be timed profitably.
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