Could value stocks rebound this year?

Strategists say the trajectory of the value category in the months and years ahead will in large part depend on the path of interest rates and the economy. A period of slower growth could be good for defensive value stocks like utilities and consumer stables, while more cyclical stocks within the category, like financials and energy, would suffer. A major rally within the value universe would depend on the participation of financial stocks, which comprise the largest portion of the category.