In a recent note, Bank of America displayed various measures of valuation juxtaposed against historical norms. Clearly, the vast majority of market gauges are trading on the loftier side of history.
Nevertheless, Jonathan Golub, the chief equity strategist at Credit Suisse, thinks opportunities are afoot. In a recent note, he highlighted stocks that offer a compelling blend of reasonable valuations and attractive growth prospects. He added: "We highlight those companies that deliver the most attractive trade-off between fundamentals and valuations."
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