Wall Street investors believe inexpensive and economically sensitive stocks will retake the lead in the market in the second half of 2021, according to a new CNBC survey.
As a part of CNBC’s Quarterly Report, we polled about 100 chief investment officers, equity strategists, portfolio managers and CNBC contributors who manage money about where they stood on the markets for the rest of 2021. The survey was conducted from June 23 to June 30.
Nearly 70% of the respondents said value stocks will do better than their growth counterparts in the next quarter.