While U.S. and European investors continue to navigate a banking crisis, high inflation and slower earnings growth, a host of emerging markets stocks beloved by Wall Street analysts are expected to surge higher. Emerging markets equities had an optimistic start to the year as China reopened its economy, and as high inflation showed signs of easing. In 2023, the iShares MSCI Emerging Markets ETF is up 4.4% through Thursday's open. That's below the 5.
They're also listed on the NYSE or Nasdaq and covered by at least 10 analysts. The group is also beloved by a majority of analysts, and have roughly 20% or more upside to their average price targets. Here are their names. Credicorp shares made the list. The financial services company is based in Peru but also operates in Colombia, Bolivia and elsewhere. The stock has a buy rating from 60% of analysts, and is expected to jump 25% to its average price target. Also prominent are U.S.
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Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »
Wall Street elite investors will profit from banking crisis, stock market chaosInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »