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BofA favors value over growth as Russell 2000 Value trades at 12.5 times earnings

Verifying
  • BofA favors value stocks over growth in small- and mid-cap equities.
  • 12.5 times is the Russell 2000 Value’s forward P/E, below its 13.3 times average.
  • BofA prefers mid-caps within SMID because they carry less rate-hike risk than small-caps.
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