| Growth stocks are in the midst of a five-year bull market, but ETF investors don't seem to have noticed. Growth companies—those with the most aggressive Wall Street forecasts and, accordingly, the priciest stocks—are enjoying their second-longest correction-free stretch of beating value investing since the Great Depression, according to Ed Clissold, a strategist at Ned Davis Research.
Growth-oriented investing never quite recovered its reputation after the burst of the technology bubble. But today, the Russell 1000 Growth Index is sitting on a five-year annualized gain of 22.2%, beating both the Standard & Poor's 500 and value indexes...............................................Full Article: Source
|