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Stock impact report

Cheap stocks back in vogue, even if laced with 'value traps' [Reuters]

SAIPEM SPA UNSP/ADR (SAPMY) 
Company Research Source: Reuters
Cheap stocks back in vogue, even if laced with 'value traps' | Reuters 7 Min Read MILAN/LONDON (Reuters) - With world equity markets set to call time on one of the longest bull markets in history, so-called ‘value stocks’ - wallflowers during the technology-led boom years - are suddenly back in fashion. European value stocks, defined generally as firms whose fundamental worth is not reflected in their current share price, have outperformed growth stocks since early October as a dramatic sell-off swept across global equity markets unnerved by gradual end of a decade of easy money and rising trade tensions. Companies that boast a faster pace of growth like the big U.S. tech names or Europe’s luxury giants have been particularly favored during the past decade of central bank largesse. In contrast, the so-called value end of the market has become cheaper and cheaper, creating some opportunities. Heading into 2019, investors in search of better returns are scanning stocks in beaten-down se Show less Read more
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