Bernstein Quants See Historic Divergence Favoring Value Stocks
- Valuation dispersion for value stocks at historic extremes
- U.S. firm at odds with Credit Suisse as earnings angst builds
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The most-hated shares on Wall Street are flashing buy signals for quantitative whizzes at Sanford C. Bernstein.
The valuation gulf between the cheapest and priciest companies around the world has reached levels rarely seen in decades of history -- a bullish omen for contrarians fading the extreme divergence with bets on beaten-up value stocks.