Ignore Momentum Advice — Buy Real Growth Stocks

“They” are at it again, trying to trip up our investment plans. A deluge of articles warns that “momentum” investing (i.e., investors chasing performance) created a bubble-like environment that is now popping. The conclusion? Run from growth, and focus on dividends and safety.
Disclosure: Holdings include five stocks mentioned below – Chevron, DR Horton, General Electric, Genesee & Wyoming and Merck & Co.
That great advice for April 2000 and April 2009 is terrible for April 2014. The rehabilitation and rebuilding of the broken U.S. economy and financial system is done. Likewise, stock market participation and valuations are back to normal. In this environment, “value” (i.e., low P/E or high dividend yield) stocks offer neither superior return potential nor better risk protection.

http://www.forbes.com/sites/johntobey/2014/04/09/ignore-momentum-advice-buy-real-growth-stocks/