George Athanassakos | The case for sticking with value stocks

In his op-ed for The Globe and Mail, Professor George Athanassakos made the argument for why value investing most often beats out growth investing in terms of stock performance.

Athanassakos referenced his recent study, which determines outperforming and underperforming trends in the stock market.

“I find that the key reason that growth stocks underperform is that many of the high P/E stocks tend to migrate to a lower price-to-earnings (P/E) group over time – much more frequently than the value stocks migrating to a higher P/E group of stocks,” said Athanassakos.