Wall St Week Ahead: US value stocks draw bargain hunters

Value stocks have largely been left behind as AI put a charge into their growth-focused peers.

NEW YORK: As fervour for artificial intelligence sweeps Wall Street, some investors are seeking bargains in more conventional areas of the stock market.

Value stocks, typically defined as companies trading at a discount on metrics such as book value or price-to-earnings, have largely been left behind as AI put a charge into their growth-focused peers.