U.S. stocks too expensive? Morningstar's top exec reveals where he's investing instead

Attractive returns and a breadth of opportunities are among the reasons the U.S. market historically reigns supreme among investors. However, one market watcher considers U.S. stocks to be expensive and is now seeking opportunities in cheaper markets with what he sees as better risk-adjusted returns. "We believe markets outside the U.S. are more attractive than the U.S.

Specifically, Chinese equities "stand out from a valuation perspective as there's a gap between the fair values of many prominent companies relative to the price of their stocks today," Kapoor explained. Morningstar's optimism on China comes amid a slew of stimulus measures from the government , including interest rate cuts, lower cash reserve requirements at banks, looser property purchase rules and liquidity support for stock markets and, more recently, a debt swap program.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Morningstar names cheap stocks in a sector that 'deserves a place in everybody's portfolio'The sector also 'provides a good natural inflation hedge,' Morningstar's David Sekera said.
Bron: CNBC - 🏆 12. / 72 Lees verder »

Disney CEO Bob Iger sold $42.7 million worth of company stockIger sold 372,412 shares of Disney on Friday, according to a filing with the Securities and Exchange Commission.
Bron: nypost - 🏆 91. / 67 Lees verder »