JPMorgan says the growth stocks rally has further to go — and explains when it will likely end

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Investors are loving growth stocks, but rising recession fears have raised concerns about how sustainable the rally can be. JPMorgan weighs in.

Investors have poured into growth stocks of late, but as recession fears mount, market watchers are weighing whether to rotate into safer bets instead. JPMorgan , however, believes the growth rally still has "further to go." "We continue to think the rebound in growth style is only tactical, but it likely has some further to go, perhaps even until year end," JPMorgan's strategists, led by Mislav Matejka, said in a Aug. 15 research note.

Read more Top tech investor reveals why he thinks PayPal is a buy Have markets hit the bottom? Strategist reveals the indicators to watch closely as stocks rally Goldman Sachs says planned energy transition is driving stocks, picks its 'best-in-class' names Growth firms, which typically appeal to investors for their future cash flows, benefit from lower yields on longer-dated U.S. government securities such as the 10-year U.

 

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Coming from an institution with the highest $SPX target among all. Basically, they’ve made a lot of bets, are down and carrying a lot of bags.

I don't even have to read it to know it is Klanovic the Permabull.

Wait didn’t Jamie just say…… never mind lol

This is CLICKBAIT. posts it as if it's from CNBC, when it actually leads to an article on Pro - which they never mention and want you to subscribe to. Very misleading, and twitter & ElonMusk should be scrutinizing this kind of misrepresentation, imo

They flip every day

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