What's Dragging Down Small Growth?
As the value rotation continues, healthcare and tech names lag.
As the value rotation continues, healthcare and tech names lag.
As the rotation of investor dollars from fast-growing company stocks into value names continued in May, small-growth names have been left in the dust.
Last month, losses in biotech and solar stocks led broader declines in small-cap health care and technology shares. Meanwhile, the rebound in energy stocks--a group which no longer can count any names in the small-growth bucket--has contributed to the group’s lagging performance.
Lauren Solberg does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.