He would look for weakness
in cyclical names, which are more sensitive to better economic growth.
When the cycle turns, the names that have been disregarded — the higher -
beta cyclical names mostly, which are now value plays — rise faster.
When the cycle turns, the names that have been disregarded — the higher - beta
cyclical names mostly, which are now value plays — rise faster.
From a sector perspective, the healthcare and technology issues advanced, while the financials and
consumer cyclical names retreated.
Those scared witless by the recessionistas are
selling cyclical names and tech stocks while piling into defensive sectors and dividend stocks.
«
Cyclical names could be good.»
Cyclical names and companies with relatively low labor costs may be some of the best bets, according to Goldman's David Kostin.
Cyclical names and companies with relatively low labor costs may be some of the best bets, according to Kostin.
What a day... There was crazy strength out of
the cyclical names today.
«Although S&P earnings were flat over the past three years,» Loeb said, «we are expecting earnings growth to drive gains and
cyclical names to get a tailwind from U.S. policy shifts this year.»
Cyclical names may beat them both.
«
Cyclical names could be good.»