Dividend stocks out, energy stocks in for RBC quantitative analyst’s top 40 stock picks

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 92%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow

RBC Capital Markets analyst Bish Koziol made three changes to the firm’s top 40 list of stock picks. The removals were all rate sensitive – BCE Inc. continued lack of China stimulus; 2) a slowdown in the US economy; 3) seasonal supply risk and 4) M&A. Looking longer term, we expect the mining cycle to be dominated by demand growth for renewable energy/EVs and onshoring in the US and EU. This cycle should lead to higher prices for copper and battery materials.

“The equity markets are pricing in the bond yield movements more closely that investors are taking more seriously the US Fed’s message of ‘higher for longer interest rates.’ As a result, the negative rate-exposed sectors, such as Real Estate, Technology and Consumer Discretionary, posted the worst sector performances in both US and Europe while Energy is the only sector with a positive return in either region, largely helped by higher oil prices.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 5. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Thursday’s Insider Report: Three dividend stocks traded by CEOs and company presidentsA look at recent notable transactions
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »

BofA analyst calls Canadian bank stocks a ‘dicey proposition’Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »