In the debate between growth and value, some may argue value can prevail.
After all, “value” stocks typically boast low price-earnings ratios and other traditional assessment metrics, often looked upon as undervalued relative to its underlying fundamentals. “Growth” stocks are often considered those whose earnings are expected to increase at an above-average rate but don’t necessarily boast the same strong fundamental backdrop.
Chad Morganlander, portfolio manager with Washington Crossing Advisors, recently went overweight value stocks over growth stocks. Here are his reasons why.
Though earnings are coming in quite nicely for growth stocks this quarter, valuations are stretched.
Outsized gains in technology shares, specifically, reduce the relative attractiveness of growth over value at this juncture.
Best Low Price Stocks To Watch Right Now: Concert Pharmaceuticals, Inc.(CNCE)
- [By Stephan Byrd]
Teachers Advisors LLC boosted its position in Concert Pharmaceuticals (NASDAQ:CNCE) by 293.9% during the fourth quarter, Holdings Channel reports. The fund owned 135,399 shares of the biotechnology company’s stock after purchasing an additional 101,026 shares during the quarter. Teachers Advisors LLC’s holdings in Concert Pharmaceuticals were worth $3,503,000 at the end of the most recent quarter.
Best Low Price Stocks To Watch Right Now: CVD Equipment Corporation(CVV)
- [By Jim Robertson]
On Wednesday, our Under the Radar Moversnewsletter suggested small cap materials and coatings stock CVD Equipment Corporation (NASDAQ: CVV) as a short/bearish trade:
- [By Jim Robertson]
At the beginning of the week, our Under the Radar Moversnewsletter suggestedsmall cap industrial machinery stock CVD Equipment Corporation (NASDAQ: CVV) as a long/bullish trade:
Best Low Price Stocks To Watch Right Now: AFC Enterprises Inc.(AFCE)
- [By AnnaLisa Kraft]
AFC Enterprises (NASDAQ: AFCE ) , which owns the Popeye’s Louisiana Kitchen quick- serve chain, once an undiscovered gem, has now soared 66% over the last year.