Worried about lofty valuations? Berenberg names 5 top stocks in a 'cheap' sector

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

The investment bank pointed out that investors in the sector on previous but similar occasions outperformed the market by an average of 108%.

As concerns swirl about lofty valuations in the stock market and investors focus on AI companies, strategists at Berenberg see one sector as a relative bargain: energy. The global energy sector is trading around record low valuations relative to the broader market, according to the German investment bank.

"The European energy sector has never been this cheap on trailing price/book multiples, both on an absolute and relative basis," the bank said. For investors looking to increase their energy exposure, Berenberg named five stocks — Shell , TotalEnergies , Harbour Energy , Saipem , and Energean — as their "top picks." All five stocks are traded in the U.S. over the counter or on an exchange as dual-listed shares.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes