AMWatch

Thankful for any cash returned, investors reward value stocks

The world’s investors are rewarding companies that return the most cash and are hunting for stocks priced cheaply relative to earnings.

Investors favor cash returning companies | Photo: Colourbox

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.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Titanbay fuels growth with new partnerships as competition heats up

The platform for private market funds has got fresh capital and new partners onboard, as the competition between companies trying to bridge the gap between private market funds and investors with limited access intensifies. The CEO of Titanbay tells AMWatch how the new partnerships will help the business to prosper.

Further reading

Latest news

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch