Value stocks — companies in sectors like energy, financial services and retail — have finally started to outperform sexier technology companies and other growth stocks.
New York With all the volatility in the market lately, it may seem rash to make much of one week's trading. But value stocks -- companies in sectors like energy, financial services and retail -- have finally started to outperform sexier technology companies and other growth stocks.
Could this be a start of a new trend? A time for value to shine at last? The S&P 500 Value index gained nearly 5% in the past week, while the S&P 500 Growth Index is up about 2.5%. The S&P Technology Sector exchange traded fund, which is home to many of the top FAANG stocks, has increased 2%. Big tech stocks have lagged a bit recently.
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