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The hottest debate in asset allocation: Value vs. growth stocks From the Field May 2024On the Asset Allocation Committee, we like value stocks as a tactical trade for the next six to 12 months. Macro, fundamental, and sentiment catalysts support the valuation case.Sbastien Page CIO and Head of Global MultiAssetBut first, how is value defined? An easy way to distinguish between value and growth stocks is to rank them by their booktomarket (B/M) ratio. I like to think of the B/M
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