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Value stocks aren't always the most fashionable to own.
But with markets surging through record high after record high and inflation rising off the charts, this might just be their big moment.
In an inflationary environment, companies that produce cash right now are worth far more than companies that will produce income at some point in the future.
Now that the latest CPI report showed inflation jumped 5.4% over the last 12 months, a new value stock rally could very well be in the works.