Portfolio Manager Steven Violin, CFA, talked to MarketWatch about the recent market volatility including where he sees opportunity in value vs growth stocks. Steven commented:
“The market should do ‘just fine’ in 2022 even with expected rate hikes from the Fed, as stocks will be supported by ‘positive earnings growth,’ according to Steven Violin, portfolio manager at F.L.Putnam Investment Management Company.
As for buying opportunities in U.S. equities, the shift into value from growth “is pretty well advanced,” said Violin, in a phone interview Friday. “Some growth stocks have declined enough to become attractive,” he said, “and some value stocks have appreciated enough to become unattractive.”
In Violin’s view, “there seems to be a lot more runway for value stocks outside the United States.”
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