That has driven funds into health-care companies and value-focused ETFs. That’s a shift from the past year when analyst forecasts held the most sway.
Citigroup strategist Tobias Levkovich ranked value and health-care stocks top of a list of "things to be thankful for in a dreadful market" ahead of the U.S. Thanksgiving holiday in a Nov. 20 note. Goldman Sachs wrote a day earlier that investors should favor cash or defensive shares.
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