Undervalued Stocks Soared, But Not Because They’re Undervalued

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The furious rally in cheap—or “value”—stocks gives us reason to exhume an ancient argument about how investors perceive stocks, writes jmackin2

The furious rally in cheap—or ‘value’—stocks gives us reason to exhume an ancient argument about how investors perceive stocks

U.S. stock erased the year’s losses, with the S&P turning positive on Monday; the World Health Organization warns that the pandemic is worsening globally; 3M files a lawsuit against a merchant selling masks on Amazon. WSJ’s Shelby Holliday has the latest. Photo: Johannes Eisele/AFP

 

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jmackin2 I don't think that the economy reopening faster did anything for the outlook of $HTZ, but here we are....

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Once bitten, not shy: Investors again seek margin loans as stocks rallyGlobal banks are seeing renewed appetite from wealth management clients to borrow money to buy stocks as markets rebound, bankers said, which comes just months after the strategy burned some investors. waiting for the 2nd crash, plz buy stocks guys. ChristineEliaz Like rats fleeing a quarantined port for the promise of a new conquest. Those that forget History are usually very greedy.
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'Multiple Positive Milestones' to Boost Media Stocks, Analyst SaysGuggenheim Securities analyst Michael Morris said that media stocks are set to outperform in the coming weeks, citing 'multiple positive milestones,' including the return of live sports and 'improving advertiser sentiment.' Details:
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European stocks open lower after strong rally last weekEuropean stocks slipped at the open on Monday, reversing after a huge rally last week. The German DAX undefined fell 1.1% and the U.K. FTSE 100 undefined...
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Asian stocks hug three-month highs after surprise U.S. jobs recovery, oil ticks upAsia shares advanced on Monday after a surprise recovery in U.S. employment lifted hopes of a quicker global economic revival after many weeks of lockdowns aimed at controlling the coronavirus pandemic. USA! USA! USA! Bull run will continue for sometime as Asian stocks are still cheap and attractive😎 God bless Trump
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Japan stocks set to rise as U.S. jobs data bounces unexpectedlyStocks in Japan were set to trade higher at the open on Monday after U.S. jobs data released Friday hadan unexpected jump, spurring hopes of an economic recovery from the coronavirus pandemic. REPORT THE TRUTH ABOUT THE JOBS NUMBERS! Us jobs data was false You just keep pumping up those faked numbers. Almost seems like market manipulation, just like Trump.
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Cyclical stocks — whose fortunes are tied to the recovery — could keep leading the wayNew for subscribers: Cyclical stocks — whose fortunes are tied to the recovery — could keep leading the way Check out CNBCPro for a free trial. Pro And then, from nowhere, the second wave hits. The end.
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