Are US growth stocks overvalued, or do they still have room to run?

After years of outperforming the market, US growth stocks are facing increased scrutiny as elevated valuations and shifting economic conditions challenge their dominance. With interest rates expected to stay higher for longer, the traditional headwinds for growth investing are mounting. However, mega-cap tech firms continue to defy expectations, driven by strong earnings growth and AI-fueled expansion. Some strategists suggest maintaining exposure to quality growth stocks while rotating into value, mid-cap, and underpriced sectors. As capital flows shift, investors must consider whether growth...