The decade-long case for growth rested on the Mag 7 out-earning everything else, but with earnings growth converging toward the S&P 493 and their valuation premium compressing, the setup increasingly favors value over growth.
Read Full Article »The decade-long case for growth rested on the Mag 7 out-earning everything else, but with earnings growth converging toward the S&P 493 and their valuation premium compressing, the setup increasingly favors value over growth.
Read Full Article »