Owning the sub-industries of the S&P 500 that both perform extremely well and extremely poorly in a prior year has been a market-beating strategy since 1990, according to Sam Stovall, the chief investment strategist at CFRA
In what he describes as "the best of both worlds," investors have historically been better off holding on to both the winners and losers. His research found that a version of this strategy has performed better than the S&P 500 since 1990. In addition, Stovall showed in a recent note that the best and worst sub-industries each delivered 12% and 11% in compounded returns, respectively. This indicates that owning stocks at both extremes of prior-year performance has historically been a market-beating strategy.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Most overpriced stocks in the market to avoid, 20% drop: Goldman Sachs - Business InsiderGoldman Sachs says these 10 stocks are dangerously overvalued and could tumble 20% — and their list includes Apple, which they see plunging 35% this year GoldmanSachs disclosing the stocks they shorted. Lololololol I always believe GSCO 🙄 'Short my shorts bitches'.
Source: BusinessInsider - 🏆 729. / 51 Read more »
These charts chronicle how Microsoft has changed under Satya Nadella - Business InsiderBusiness Insider analyzed Microsoft's securities filings and market data since Nadella took over as CEO in 2014 to detail his impact on the company. Absolute stud BI has a paywall now? Lol.
Source: BusinessInsider - 🏆 729. / 51 Read more »
CEO reveals how he beat tough circumstances to break into tech - Business InsiderDean Forbes is the CEO of human resources tech firm CoreHR. But life wasn't always easy for the born-and-bred south Londoner.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Mexico is a top neobank market to watch in 2020 - Business InsiderIn addition to its underbanked conditions, Mexico is a prime market for neobanks due to its favorable regulatory landscape and consumer demographics.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Alphabet stock price surges to a record high after analyst upgrade - Business Insider'We are incrementally more constructive about what we perceive as multiple ways to get paid under the recently appointed Pichai regime,' Levine wrote. Indian intelligence power at its best. Some 500 of the 75000 Tech Indians who came to help USA with Y2K scare, stayed and became millionaires. Their children are Doctors, Dentists, Pharmacists & IT engineers who joined Upper Middle Class and realized the American Dream
Source: BusinessInsider - 🏆 729. / 51 Read more »