Toppy growth stocks push equity investors into value hunt

Equity investors are questioning how sustainable it is to invest in growth stocks trading at inflated multiples and are turning to companies deemed cyclical or value propositions, according to sources speaking to GlobalCapitaI.

  • By Sam Kerr
  • 31 Jul 2019

Equities are often grouped into two broad categories: growth, where buyers will receive returns form future capital appreciation; and value, for companies deemed attractive for their low trading multiples such as a low price-to-earnings ratio.

“People are paying extraordinary high multiples for some of the supposedly quality, or ...

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