Mid Caps & Value: The Dream Combo for Q2?
May 3, 2021 Mid caps are quietly delivering for investors this year. Value stocks are doing the same, but in more overt fashion. Combine the two and the outlook is bright for assets like the Up 27% year-to-date, RFV tracks the S&P MidCap 400® Pure Value Index. That’s a stellar performance, but it shouldn’t imply that value’s run is over. In fact, some market observer’s believe at least a pair of signs indicate value has more room to rally. “First, the relative forward price-to-earnings (P/E) ratio of value has been trading at a near record discount versus growth,” notes Invesc...