The market can’t make its mind up over the coronavirus. After closing at record levels last week, the three benchmark indexes slipped on Friday as optimism over the virus subsided. U.S. stocks climbed tentatively higher on Monday as investors worked out what to make of the latest developments.
In our call of the day, Goldman Sachs analysts said the economic impact will be limited and investors should look to cyclical and value stocks. The bank’s sector-neutral dividend growth basket of 50 stocks has “declined sharply” alongside cyclicals and trades with depressed valuations.The basket’s stocks set to outperform the most are semiconductor company Skyworks SWKS, +1.33% , IT services provider DXC DXC, -1.73% , hotel and casino operator Wynn Resorts WYNN, -1.08% , technology company Broadcom AVGO, -1.11% , and manufacturer of construction equipment Caterpillar CAT, +0.46% , the note said.
Volkswagen has postponed production at some of its plants in China over the spread of the coronavirus, the company said on Saturday. Saic Volkswagen — a joint venture between the German car maker and Saic Motor Corp — said production had been halted until Feb. 17 but production in Shanghai would restart on Monday.
goldman sachs only with your money, china is in big trouble people die like flies
You got to be kidding. Do they have a crystal ball? s out of China are suspect 100% and may simply correlate to available test kits. Monty Python & Holy Grail, the black knight scene, ITS ONLY A FLESH WOUND. what BS
Factories shuttering around the world. Shipping down 20%. Over 100 Million people on lockdown in the world's second largest economy. Nah not much impact expected.
We pray this is the case. washyourhands
Same guys who screamed about $200 oil 10 years ago? Yeah. No street cred. GS advice peaked a long, long time ago.
Did you say 'sick-lical' stocks?
Value stocks like tesla?
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »
ソース: CNBC - 🏆 12. / 72 続きを読む »
ソース: MarketWatch - 🏆 3. / 97 続きを読む »