Are consumer defensive stocks fully valued?

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 45 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 66%

Noapplenews Noticias

Chartoftheday

We are looking for stocks that provide stable returns in economic downturns

In the last week we learned CPI in the United States is up 2.9 per cent, PPI 2.2 per cent, retail sales 1.7 per cent and weekly jobless claims have been coming in lower than expected. The jury is still out on a slowdown or recession but these numbers certainly speak to a soft landing. If they forecast a pending recession, money managers will shift to more defensive names to protect capital and generate dividends, driving up the price of those stocks.

An adjusted book value is calculated by multiplying book value per share by its 10-year average price-to-book ratio.is a fundamental valuation platform with tools to calculate and report on value per share for thousands of public companies listed on major North American stock exchanges. StockCalc also contains numerous tools to understand what the stocks you are investing in are worth.

You can see in the accompanying table the percentage difference between each stock’s recent closing price and its intrinsic value. The “StockCalc Valuation” column is a weighted calculation derived from the models and Analyst target data if used. Investing involves risk. StockCalc accepts no liability whatsoever for any loss or damage arising from the use of this analysis.

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 31. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock market news today: Dow leads stock comeback from steep sell-offEarnings misses have put the spotlight on the health of the economy after a Big Tech-led sell-off.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market news today: US stock futures rise as markets look to continue reboundStock futures were pointing to gains on Wednesday as investors looked to build on Tuesday's trading session that snapped a 3-day losing streak.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Stock futures steady in wait for fresh jobs, unemployment dataWall Street saw a comeback attempt falter on Wednesday, as stocks faded into the close and ended up with sizable declines
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Stock futures jump higher after positive signal on jobs, unemploymentWall Street saw a comeback attempt falter on Wednesday, as stocks faded into the close and ended up with sizable declines
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Stock futures little changed after markets claw back August lossesStock futures were little changed ahead of Friday's opening bell with US stocks on pace for their best week of the year.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »