BOA: Here’s Why We Still Like Value Stocks

Last year value made a staggering comeback. The Russell 1000 Value index outperformed its growth counterpart by 460 basis points during the first six months of the year before going on to crush the Russell 1000 Growth index during the second half. When the final numbers were published the Russell 1000 Value Index outperformed the Russell 1000 Growth index by ten percentage points overall, its widest spread since 2006. A new research note from analysts at Bank of America argues that this performance can continue. Even though value stocks have started the year on the back foot, lagging growth by seven…