Out of balance? Growth versus yield in US valuations
Investors paying premium for high-yielding companies

Jim Tierney of AllianceBernstein
In today's highly uncertain market environment, investors in US stocks are paying a premium for companies with high dividend yields.
But how much is too much - especially if interest rates stop declining? Stocks with resilient high-growth profiles deserve a closer look. The hunt for yield continues to create market distortions. While...
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