Investing legend Bill Gross says investors should favor value over growth during the pandemic, and tipped these 4 stocks to flourish

Legendary investor Bill Gross, who is currently chairman of California-based tech incubator IdeaLab, said on Tuesday that investors should choose value stocks over growth stocks in the near future.

The retired fund manager said in his first investment outlook of the coronavirus pandemic that the outperformance of the “Fab 5” technology companies and other growth stocks are linked to real interest rates which have declined over recent years.