S&P 500 jumps as dip-buyers piled into tech

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Go back to S&P 500 jumps as dip-buyers piled into tech

Dividend stock demand 'should remain elevated' - BofA

December 30, 2022 12:24 PM EST

In a note to clients Thursday, BofA analyst Alex Makedon said value won in 2022, and investors should "stick with it."

"While Value factors (+5.1% on avg.) trailed Growth factors (+6.0% on avg.) in Nov., Value remains ahead of Growth so far in 2022 (-3.7% vs -4.0%, respectively)," the analyst wrote.

He explained that 2022 was "marked by broad market leadership," with 73% of the almost 50... More