3 Value Stocks That'll Make You Richer in May (and Beyond)
It's no secret that growth stocks have run circles around value stocks since the Great Recession ended in 2009. It's also plainly evident that historically low lending rates are working in favor of fast-growing businesses. But when it comes to long-term history, value stocks rule the roost.
A 2016 report from Bank of America/Merrill Lynch examined the collective performance of growth stocks and value stocks over 90 years (1926-2015). While growth stocks averaged a healthy 12.6% annual gain over nine decades, it was the 17% average annual gain from value stocks that stood supreme.
What's more, BofA/Merrill Lynch noted that value stocks have a tendency to significantly outperform growth stocks during the early stages of an economic recovery, which is where we are right now.
Source Fool.com
