39 25 points In class, we discussed evidence showing which pattern in stock returns? Glamour stocks tend to have higher future returns than value stocks. Small stocks tend to have higher future stock returns than large stocks. Stocks that have performed well in the recent past tend to perform poorly in the future, while stocks that have performed poorly in the recent past tend to perform well in the future. Stocks experiencing positive earnings suprises tend to have negative future returns, and stocks experiencing negative earnings surprises tend to have positive future returns Previous Next