News Reality

Value Gurus Are Buying These Out-Of-Favor Financials

by www.forbes.com
Financials have fallen out of favor this year as the S&P 500 extends gains and almost every other market sector rose higher. Stocks of the financial industry have gained 1.74% year to date, beating only downtrodden health care, which rose 0.02%, according to Fidelity. The market continues to love energy (up 17.77%) and information technology stocks (up 11.76%) the most, while every other sector remains in positive territory and the S&P 500 index has grown 5.86%.
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