Sales & Marketing news

• A Wall Street chief strategist says consider buying dirt-cheap 'mighty microcap' stocks, which have done even better than their large-cap peers since the coronavirus crash

  16-08-2020 15:22 via feedproxy.google.com
  Microcap stocks are performing just as well as some investors' favorite picks but at far cheaper valuations, James Paulsen, chief investment strategist at The Leuthold Group, highlighted in a note.
  The "mighty microcaps" have outperformed their tech-sector peers and even the S&P 500's Growth Index, despite growth names usually gaining the most after a bearish tumble.
  The smallest-of-the-small stocks also trade at record-low valuations relative to the S&P 500, Paulsen noted.
  If microcaps
  
  Read more

• A 'vigorous move' will push stocks another 5% to record highs before year-end — and it'll be driven by skeptical investors who still have ample cash to deploy, Fundstrat's Tom Lee says

  16-08-2020 14:30 via feedproxy.google.com
  Stocks are set to move to record highs as investor disbelief in the current market rally shows no signs of abating, according to Fundstrat's Tom Lee.
  In an interview with CNBC's Scott Wapner on Friday, Lee explained that he is still hearing a lot of investor skepticism from clients as the S&P 500 flirts with record highs.
  That, combined with $5 trillion in cash sitting on the sidelines, sets the stage for stocks to make a "vigorous move" higher, Lee said.
  Lee boosted his year-end price targe
  
  Read more

• The world's largest hedge fund dumped these 5 investments last quarter as the coronavirus recovery raged

  16-08-2020 14:20 via feedproxy.google.com
  Bridgewater Associates, the largest hedge fund in the world, released in an SEC filing what investments it bought and sold in the second quarter on Wednesday.
  The hedge fund, founded by billionaire investor Ray Dalio, exited positions in a number of exchange-traded funds and Canadian banks amid the coronavirus pandemic recovery. 
  Here are the top five investments that Bridgewater Associates dumped last quarter. 
  Read more on Business Insider.
  The largest hedge fund in the world, Bridge
  
  Read more

• Billionaire investor Howard Marks breaks down the 'exceptional' performance of Big Tech this year — and explains why being bullish on FAAMG has 'obvious merit'

  16-08-2020 14:19 via feedproxy.google.com
  Howard Marks broke down the bull argument for market-leading technology stocks in his latest memo, and said there is "obvious merit" in their dominance.
  The Oaktree Capital's co-founder criticized tech skeptics who underestimate the ability of tech leaders, and said "to be bearish, one has to have a thesis on why they should fall."
  Market-leading tech companies such as the FAAMG stocks (Facebook, Amazon, Apple, Microsoft, and Google) are up 36% this year, and can expect to go a long way, as the
  
  Read more

• Advertisement

• A Wall Street investment chief says the relentless surge in big tech stocks is headed for an abrupt ending — and warns it could sink the entire market by 40%

  16-08-2020 14:17 via feedproxy.google.com
  
  Investors have bid up the largest technology stocks to valuations that are unsustainable and set to roll over, according to David Bahnsen, the founder and chief investment officer of The Bahnsen Group.
  In an interview with Business Insider, he shared his concerns about big tech besides stretched valuations, and explained how a reckoning for the sector would affect the broader market. 
  Click here to sign up for our weekly newsletter Investing Insider.
  Click here for more Premium stories. &nb
  
  Read more

• The head of investment research at the world's largest hedge fund says most portfolios are too concentrated in stocks

  16-08-2020 14:15 via feedproxy.google.com
   Bridgewater's Karen Karniol-Tambour told Bloomberg on Thursday that the "new era" of economic policy is the coordination of monetary and fiscal policy. 
  Changes in interest rates and quantitative easing are no longer the primary drivers of economic cycles, she said.
  She added that this new era of policies requires a diversified portfolio in case of inflation – most portfolios are too concentrated in stocks and should add in gold or inflation-linked bonds.
  Read more on Busin
  
  Read more

• Joe Biden officially accepts the Democratic nomination this week. RBC says buy these 47 stocks spanning every industry that are poised to crush the market if he wins in a wave election.

  16-08-2020 14:10 via feedproxy.google.com
  
  RBC's stock analysts are decidedly bearish on the prospect of a Joe Biden presidency, but they're still naming the most promising stocks in every industry represented on the S&P 500.
  Lori Calvasina, the head of US equity strategy, says those analysts think Biden and a fully Democratic government would be good news for utilities and some healthcare sectors, but not many others. 
  Their ideas could help investors target the companies with the most to gain and limit their downside if the pr
  
  Read more

Follow @sales_mrktinguk on Twitter!