Finance

Growth Stocks Continue to Rise

Paul Nolte, SVP at Kingsview Asset Management, spoke with Reuters on the continued rise of the Growth Stocks.

“The value stocks have done okay but growth has done so much better in the anticipation we’ll see a pickup in economic growth,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Companies that are going to be more levered to economic growth tend to be growth stocks.”

“Right now I don’t see a long term condition for value stocks to outperform growth,” said Nolte.

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http://www.reuters.com/article/us-usa-stocks-weekahead-idUSKBN17U2S2