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November 23, 2012 at 11:00 AM EST
5 Bottom-Up Bargains
By the end of the 1990s chasing growth stocks’ momentum was many investors’ strategy of choice. Companies with reliable revenue and low debt had enjoyed their best run in history. But by that time few paid attention to dividends or value which had been popular early in the decade when fear rather than greed was the dominant market emotion. The good news is that we’re about as far away from that kind of bubble as is possible. There’s still value to be had in many corners but after nearly four years of good times you won’t find it unless ...
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