U.S. stocks too expensive? Morningstar's top exec reveals where he's investing instead

Attractive returns and a breadth of opportunities are among the reasons the U.S. market historically reigns supreme among investors. However, one market watcher considers U.S. stocks to be expensive and is now seeking opportunities in cheaper markets with what he sees as better risk-adjusted returns. "We believe markets outside the U.S. are more attractive than the U.S.

Specifically, Chinese equities "stand out from a valuation perspective as there's a gap between the fair values of many prominent companies relative to the price of their stocks today," Kapoor explained. Morningstar's optimism on China comes amid a slew of stimulus measures from the government , including interest rate cuts, lower cash reserve requirements at banks, looser property purchase rules and liquidity support for stock markets and, more recently, a debt swap program.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Morningstar names cheap stocks in a sector that 'deserves a place in everybody's portfolio'The sector also 'provides a good natural inflation hedge,' Morningstar's David Sekera said.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Disney CEO Bob Iger sold $42.7 million worth of company stockIger sold 372,412 shares of Disney on Friday, according to a filing with the Securities and Exchange Commission.
Herkunft: nypost - 🏆 91. / 67 Weiterlesen »