We often hear the same recommendation from market “experts” each time the stock market crashes.
It is time to “switch from growth to value” as “growth stocks were poised for a fall”.
It could be some other variation of the above, but you get the point.
What these pundits are trying to prove is that “growth is dead”, and you’d be better off trawling through the bargain bin for cheap stocks.
To say this is a flagrant exaggeration is an understatement.
Growth stocks have always been around and will continue to be the key focus for investors.
Remember that the main reason companies list their shares on a stock exchange is to raise money to fund growth initiatives.
To boldly claim that growth is not fashionable anymore completely misses the point that many businesses continue to churn out steady, consistent growth even through tough times.
I argue that you just need to know where to look....