Nowadays investors prefer growth stocks over cheap value stocks, even if they have to pay a premium for them.
Stocks with strong business growth often command high valuations and continue to perform well, while slow growth stocks can trade at very low valuations, even below book value and still continue to underperform.
Stocks with strong business growth often command high valuations and continue to perform well, while slow growth stocks can trade at very low valuations, even below book value and still continue to underperform.
