When it comes to U.S. stocks, growth trumps quality
Posted: Sun Oct 01, 2017 3:06 pm
Reuters - 9/29/2017 - Trevor Hunnicutt - U.S. investors are not rewarding companies for generating good earnings consistently, opting instead for a stockpicking strategy that might be called “growth at a high cost.” High-quality stocks selected for their strong balance sheets and stable earnings have appreciated just 12 percent this year, according to Goldman Sachs Group Inc (GS.N), while the broader S&P 500 .SPX benchmark index has returned 13.8 percent. Read more @ https://www.reuters.com/article/us-usa- ... SKCN1C42A4