Reported about 1 month ago
Brian Mulberry, a portfolio manager at Zacks Investment Management, shares his preference for value stocks during a discussion on Yahoo Finance. He highlights that while the S&P 500 trades at a high valuation, the 'Magnificent Seven' stocks are even pricier, suggesting that sectors like utilities offer more favorable valuations with sustainable earnings growth. Mulberry believes that shifting focus to traditional value sectors, such as banking, could provide better investment opportunities in the current market environment.
Source: YAHOO