Peters, head of equities strategy at the wealth management arm of the U.S. bank, told CNBC's "Squawk Box Europe" that investors should be adding cyclical exposure to their investment portfolios in the next 12 months, to benefit from the economic recovery following the coronavirus crisis.
While there will also be further bouts of stock market volatility, she recommended using share price falls to add more cyclicality — which are stocks which see their prices move in line with economic cycles. More specifically, JPMorgan is advising investors to add cyclicality within areas of business that are seeing "structural growth," such as digital transformation and health care innovation, as well environmentally-driven trends.would rise to between 3,500-3,600 points by the end of this year and then 3,750 by September 2021, representing a potential 10% rise from its last close at nearly 3,352 points.
In addition to technology and health care, Peters said this market rally would broaden out to other sectors such as industrial and construction material stocks. "We think certainly that the U.S. markets can make new highs over the next 12 months … we still think the earnings picture for the U.S. corporate is very strong … and also it's that broader economic backdrop when we look at equities relative to other asset classes," she told CNBC.
Para septiembre de 2021
OF COURSE they do!
Are they making a GS move? Wonder which sectors they will short.
Great sell signal, thanks
Ready to Sell.
I don’t trust JP Morgan. Or any bank for that matter.
Is $NKLA on there for a 200% rally?
Thanks jp a Big player , manipulator. Bullish
$1B JPM fined for PM manipulation... Time to short some S&P
10% rally? Really?
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