, as the pandemic rages on, but focusing on"high-quality factors" can help reveal long-term winners, Morgan Stanley said.
Only 8% of the small-cap Russell 2000 still provide guidance, down from 21% a year ago, the bank said in a note on Wednesday. But in its absence, a superior approach is to explore"quality factors" that reflect the underlying health of a company, Morgan Stanley said. Lerner and his team found that an effective way to"find alpha in earnings surprises" is to go long high-quality stocks that have beat consensus earnings and revenue estimates, and short low-quality stocks that missed expectations.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: