小盘股或迎来Value和Growth之间的轮动 Revenue trends suggest 2H could mark a dramatic slowdown in top-line momentum for many cyclical sectors, opening the door for a turnaround in growth's fortunes. Technology's average quarterly revenue growth in 2H is expected to outpace 1H by 981 bps, with utilities next at 764 bps and energy at 414 bps. They're the only sectors expected to see a pickup in revenue in 2H, with health care slowing just 116 bps. Conversely, a strong 1H bounceback from Covid-19 lows for discretionary, materials, financials and producer durables hurts these sectors' revenue momentum rankings, despite still-solid top-line expansion in 2H.