By Marketwatch:
The U.S. stock market seems risky now because valuations are rich, as sentiment marches higher. But there’s a fix for that: load up on disliked, cheap value stocks.
By many measures, value stocks are lagging growth stocks by almost as much as they ever have in the past several decades. Usually at such extremes, value stocks enter a sustained phase of outperformance — and that’s likely about to happen.