Cars will drive past a Walmart store in Washington, DC on August 18, 2020.
Nicholas Kamm | AFP | Getty Images
The recent rotation in the stock market has resulted in some high-quality names trading at prices that may be too good to pass up, investment firm Bernstein said.
Many of the best-performing stocks in 2020 have stumbled so far this year, with many high-flying growth stocks coming back to Earth as cyclical games such as energy stocks in turn take the lead.
However, that rotation has caused some companies to trade at relatively cheap prices, Bernstein’s Ann Larson said in a note.