Style Wars: Growth or Value in '07?

While value has ruled the roost in the recent past, growth funds may be poised to break out this year. Keep an eye on large caps, too

Investors hoping to cash in on some hot new trend last year might have ended up feeling a bit like fashion victims. Despite forecasts to the contrary, value stocks continued to outperform their growth counterparts in 2006, as they typically have done since the bursting of the tech bubble six years earlier. Stocks of small companies also extended their reign over large-cap stocks.

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