A Rebound for Value Stocks

    Facebook Twitter LinkedIn Email

By Mike Liss - October 2019

Value stocks rallied this latest quarter and performed evenly with growth stocks for the first time since 2016. It’s too early to declare victory, but regardless, we’re still pushing forward to find the best balance of risk and reward for clients.

Looking at the economy, several crosscurrents are out there having an impact. Among those are flat corporate earnings, ongoing trade war rhetoric and a slowdown in manufacturing. In addition, the Fed’s interest rate cut, and the inverted yield curve sparked recession fears.

We’re not raising the recession flag, but believe these conditions represent a slowing economy. Plus, there is still good news in the service sectors and with consumer sentiment—even a little bit of inflation won’t be bad news.

Watch my latest video for more of my thoughts on the economy and where we’re seeing the best opportunities now for value investing.


    Facebook Twitter LinkedIn Email
Mike Liss
VP, Sr. Portfolio Manager
Global Value Equity

Insights From Our CIOs

Get additional insights in our latest Investment Outlook.

Discover More
  • Related Articles
  • More From Author

Brexit Day Brings New Questions

After three and a half years of political wrangling that resulted in much uncertainty in global markets, “Brexit Day” has finally arrived.

A Bright Outlook for Global Growth Investing?

Global equities may have a sunny outlook or 2020, according to Portfolio Manager Brent Puff. Here are three factors shaping his view.

Global Small Caps: Weathering Geopolitical Uncertainty

Will global small-cap stocks play catch up to large-cap stocks in 2020? Get the latest outlook from Portfolio Manager Trevor Gurwich.

    A Move Back to Value

    Value Portfolio Manager Mike Liss sees pockets of opportunities in four areas—provided social media and inflation don’t disrupt markets.

    A Rebound for Value Stocks

    It’s too early for value investors to declare victory, but last quarter’s value rebound has Sr. PM Mike Liss optimistic about these opportunities.

    Uncovering Value Amid Tech Disruption

    There's always a market for value stocks out there, according to Sr. Portfolio Manager Mike Liss, even in industries disrupted by big tech.

      Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.

      The opinions expressed are those of American Century Investments (or the portfolio manager) and are no guarantee of the future performance of any American Century Investments' portfolio. This material has been prepared for educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.

      American Century Investments is not responsible for and does not endorse any comments, content, advertising, products, advice, opinions, recommendations or other materials on or available directly or via hyperlinks from Facebook, Twitter or any third-party website. Facebook, Twitter and LinkedIn are registered trademarks of their respective owners.