Name: US value stocks offer opportunities for bargain-hunters, BofA’s Subramanian says
Uploaded: 2024-06-26T15:02:05-04:00
Duration: 5 min
Description: By Suzanne McGee (Reuters) – Value stocks offer some of the most compelling valuations in the U.S. equity market after badly lagging their growth-focused counterparts this year, Bank of America Global Research equity and quant strategist Savita Subramanian said on Wednesday. “These companies are neglected and trading at very low multiples” at present, but offer […]

Tag: Subramanian

US value stocks offer opportunities for bargain-hunters, BofA’s Subramanian says

By Suzanne McGee (Reuters) – Value stocks offer some of the most compelling valuations in the U.S. equity market after badly lagging their growth-focused counterparts this year, Bank of America Global Research equity and quant strategist Savita Subramanian said on Wednesday. “These companies are neglected and trading at very low multiples” at present, but offer […]

BofA’s Subramanian Is Latest on Wall Street to Boost S&P 500 Target

(Bloomberg) — Bank of America Corp.’s Savita Subramanian is the latest equity strategist to ratchet up her target for the S&P 500 Index to among the highest on Wall Street after this year’s rally left forecasters blindsided. Most Read from Bloomberg Subramanian now expects the benchmark to end the year at 5,400, compared with her […]