US value stocks offer opportunities for bargain-hunters, BofA’s Subramanian says
5 months, 4 weeks ago

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

Live Mint  

By Suzanne McGee June 26 - 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 opportunities to purchase high-quality stocks at a discount, Subramanian told attendees at Morningstar's annual investment conference. The S&P 500 growth index trades at 28.3 times forward earnings, while the S&P 500 value index has a forward P/E of 15.8, according to LSEG Datastream. Subrmamanian also believes the dividend payouts offered by value stocks - which are typically higher than those offered by growth stocks - will make them attractive to investors.

Growth Stocks Value Subramanian Value Stocks  growth  opportunities  sp  500  market  subramanian  value  offer  index  bargainhunters  bofas  typically  stocks  companies

History of this topic

How major US stock indexes fared Monday, 11/25/2024
4 weeks ago

How major US stock indexes fared Monday, 11/25/2024

Associated Press  

Stocks closed higher on Wall Street, sending the Dow Jones Industrial Average to another all-time high. Smaller companies can feel a big boost from easier borrowing costs, and the Russell 2000 index of small stocks jumped 1.5%, closing just shy of the record high it set three years ago. The Dow Jones Industrial Average rose 440.06 points, or 1%, to …

Stocks Soar on Election Day, as Economy Remains Strong
1 month, 2 weeks ago

Stocks Soar on Election Day, as Economy Remains Strong

Associated Press  

US stocks enjoyed a strong rally on Tuesday, with the S&P 500, Dow Jones Industrial Average, and Nasdaq composite all gaining positive gains. Excitement surrounding the artificial-intelligence boom helped lift Wall Street, with Palantir Technologies reporting a strong profit report that boosted the S&P 500. Additionally, U.S. services businesses showed growth acceleration, supporting the Dow's positive performance. The Russell 2000 …

Earnings Outlook: S&P 500 Set for Record Milestone as Election Looms
2 months ago

Earnings Outlook: S&P 500 Set for Record Milestone as Election Looms

Live Mint  

The S&P 500 Index is expected to reach 6,000 by year-end, with the majority of respondents expecting the tech giants to take the lead in the earnings season. Despite the upcoming US presidential election, the strength of earnings is seen as more crucial for the stock market's performance than the outcome of the election itself.

How major US stock indexes fared Tuesday, 7/16/2024
5 months, 1 week ago

How major US stock indexes fared Tuesday, 7/16/2024

Associated Press  

U.S. stocks rose to records after several big companies delivered better-than-expected profits for the spring. The Dow Jones Industrial Average leaped 1.8% a day after setting its own record, and the Nasdaq composite added 0.2%. UnitedHealth Group drove the market after reporting stronger results than expected, while smaller stocks jumped amid a widespread rally that broadened beyond the Big Tech …

Stock market today: U.S. futures are little changed as Wall Street wraps up surprisingly good year
11 months, 3 weeks ago

Stock market today: U.S. futures are little changed as Wall Street wraps up surprisingly good year

Associated Press  

NEW YORK — U.S. stock futures are little changed Friday as the market puts the wraps on a year of surprisingly robust gains. The so-called Magnificent 7 companies — Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms and Tesla — accounted for about two-thirds of the gains in the S&P 500 this year, according to S&P Dow Jones Indices. It gained …

How major US stock indexes fared Tuesday 3/21/2023
1 year, 9 months ago

How major US stock indexes fared Tuesday 3/21/2023

Associated Press  

Stocks rallied on Wall Street, including the banks most beaten down by the industry’s crisis. The S&P 500 rose 1.3% Tuesday, its first back-to-back gain in two weeks, after Treasury Secretary Janet Yellen said the government could offer the banking industry more assistance if needed. On Tuesday: The S&P 500 rose 51.30 points, or 1.3%, to 4,002.87. The Dow Jones …

Wall Street rises as earnings kick into high gear; Nasdaq up 111 pts
2 years, 5 months ago

Wall Street rises as earnings kick into high gear; Nasdaq up 111 pts

Live Mint  

Wall Street's main indexes rose on Tuesday as earnings season moves beyond big banks, with investors keeping a close watch on the impact of higher inflation on demand even as stronger dollar dents profit. A soaring U.S. currency led pharma major Johnson & Johnson to trim its annual adjusted profit view and IBM Corp to warn of a nearly $3.5 …

Discover Related