U.S. funds look for ‘crazy cheap’ stocks as indexes hit record highs
Record highs in the U.S. stock
market and the anticipation of equity-friendly interest rate
cuts by the Federal Reserve later this year are prompting
top-performing large-cap fund managers to seek out unloved
stocks in hopes of further gains.
market and the anticipation of equity-friendly interest rate
cuts by the Federal Reserve later this year are prompting
top-performing large-cap fund managers to seek out unloved
stocks in hopes of further gains.
Posted by Reuters
