Strategists, like BofA Securities U.S. quantitative strategist Savita Subramanian, believe that earnings have bottomed and we are at the early stage of a new bull market. Others, like Morgan Stanley’s Michael Wilson, think we are still at the tail end of the last cycle with lower to go for corporate earnings. Mr.
“Mike Wilson thinks last week’s rally in stocks was mainly a function of the fall in back-end Treasury yields. In his view, the drop in Treasury yields was more related to the lower than expected coupon issuance guidance and weaker economic data as opposed to the bullish interpretation that the Fed is going to cut rates earlier next year in the absence of a labor cycle. Over the past 2 months, both earnings revisions breadth and performance breadth have deteriorated significantly.
The top 15 growth stocks according to Mr. Boziol’s ranking are Quebecor Inc., Canadian Natural Resources, Enerplus Corp., Equitable Group Inc., Great-West Lifeco Inc., Intact Financial Corporation, Open Text Corp., Thomson Reuters Corp., Stella -Jones Inc., Enghouse Systems Limited., Richelieu Hardware Ltd., Imperial Oil Ltd., Constellation Software Inc., BRP Inc., Bank of Montreal.
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fuente: KitcoNewsNOW - 🏆 13. / 78 Leer más »
Fuente: globeandmail - 🏆 5. / 92 Leer más »
Fuente: globeandmail - 🏆 5. / 92 Leer más »
Fuente: globeandmail - 🏆 5. / 92 Leer más »