Clearbridge Investments Betting On A Shift From Growth and Momentum

Clearbridge Investments published its third quarter commentary. The prevailing theme of the commentary is that we are on the cusp of a shift from growth and momentum outperformance to value investing. The winner of the current cycle, S&P 500 stocks, will perform poorly in the coming cycle and value stocks will outperform. Clearbridge mentions American International Group Inc. (NYSE:AIG) and Biogen Inc. (NASDAQ:BIIB) as compelling investment ideas. American International Group Inc....