True Value: Looking Through The Value Rotation Illusion

True Value: Looking Through The Value Rotation Illusion Authored by Michael Lebowitz via RealInvestmentAdvice.com, In our recent article, The Value Rotation Illusion, we explained that in the recent rotation from growth to “value”, passive investors, in actuality, are selling value stocks to buy expensive stocks. Confused? In this follow-up, we take our three-tier earnings valuation framework introduced in the article a step further to uncover true value stocks. First, though...

By Tyler Durden