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The case for value

Reasonable valuations could provide an upside surprise

Tim Murray, Capital Markets Strategist, Multi‑Asset Division
T. Rowe Price,  March 2024

Key Insights

  • U.S. growth stocks have significantly outperformed value stocks over the past year, but we believe this dynamic could shift as near-term challenges fade.
  • T. Rowe Price’s Asset Allocation Committee has moved to overweight U.S. value stocks, as earnings expectations appear to leave room for an upside surprise.

Access the full report from T. Rowe Price