According to Sam Stovall, U.S. equity strategist for S&P Capital IQ, this late in an economic and stock market cycle, investors tend to gravitate toward growth-oriented stocks, as they don’t believe there’s time to wait for value plays to orchestrate a turnaround. Further, he pointed out that earnings per share (EPS) growth should be stronger for growth companies,” said S&P Capital IQ. [Tactical ETF Asset Allocation]
Investors have added nearly $600 million to IVW this year. S&P Capital IQ rates the ETF overweight, the research firm’s highest rating.
iShares S&P 500 Growth ETF
