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Now coming to your value fund: those sexy growth stocks

2016-04-01 09:58:12| Grocery - Topix.net

After steep U.S. market declines at the start of 2016 brought some once high-flying stocks down to earth, many familiar and formerly fast-growing companies now find themselves cheap enough to be targets of value fund managers. Value funds - those which typically emphasize strong balance sheets, low share prices and steady dividends over revenue growth - are picking up companies including Apple Inc, Gilead Sciences Inc, Coach Inc, and Whole Foods Market Inc that a year ago were notching all-time highs and were widely held by growth-oriented funds.

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