Aside from a few exceptions, as we saw in 2022, value investing as a theme has underperformed growth investing for years now. In fact, the divergence between growth and value stocks is at the highest level since 1991.
Andrew Greenebaum, senior vice president of U.S. product management at Jefferies, senses an opportunity in the record divergence between growth and value. Speaking with MarketWatch recently, the analyst pointed to the earnings revisions between the constituents of the Russell 1000 Growth Index and the Russell 1000 Value Index to substantiate his thesis.
