The stocks that AI mania left behind

(Image: Getty)

Wed, 29 Nov 2023

By Charley Grant This was supposed to be the year value stocks shined. Then, artificial intelligence (AI) mania took over and ran away with the spotlight.Shares of big tech companies are surging this year and racing past value stocks once again, powered by investor optimism about the promise of AI. That is a reversal from last year, when value stocks pulled ahead of growth stocks for the first time since 2016.The Russell 3000 Value Index has returned just 2.1% this year through Monday, lagging behind the Russell 3000 Growth Index by 31 per...

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