News Formal

Next market crash: JPMorgan's top defensive sector, stock picks to buy - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

JPMorgan's equity chief explains why an unloved corner of the market has become your best defense against a crash — and lists the group's 10 best stocks to buy

Traders share a light hearted moment while working on the floor at the NYSE in New York, U.S., December 17, 2019.simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

, JPMorgan's chief US equity strategist and global head of quantitative research. He had rated the sector an "underweight" and described this move as one of his biggest out-of-consensus calls for 2019. The "underweight" he slapped on the sector last year was partly motivated by its rich valuation compared to peers. But after many months of underperformance, he says prices have been reined in sufficiently enough to go bargain hunting in that space.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

TikTok could be the next battleground for political content - Business InsiderTikTok is facing a content moderation reckoning of the political sort, as US 2020 presidential hopefuls attempt to reach young voters on the platform Lmao tiktok is chinese owned I'm sure theyll be just fine. Nobody knows how to crush dissent like they do
Source: BusinessInsider - 🏆 729. / 51 Read more »