How to invest in US stocks in the second half of the year? Investment bank BMO provides five key points
BMO Capital Markets released a report on Wednesday, outlining five specific investment points that investors should consider as of the second half of 2024
According to the information from Zhitong Finance, BMO Capital Markets released a report on Wednesday, pointing out five specific investment points that investors should consider starting in the second half of 2024.
Firstly, BMO Capital Markets stated: "We still believe that the U.S. stock market is still in a bull market, even if at some point between now and the end of the year, the major market averages happen to pull back or consolidate from their current levels."
Secondly, the investment firm mentioned that valuation expansion remains a key point of discussion, but it noted, "A closer examination shows that valuation levels may not be as severe as advertised."
Thirdly, the investment bank stated that stock selection has become more important as "internal stock correlations have decreased, while fundamental factors remain very dispersed."
Fourthly, "style and size investing seem to have fallen out of favor," as the financial industry continues to focus on large-cap growth, "we expect this to change in the coming months."
Lastly, the company believes that the best industry opportunities lie in the technology and financial sectors, but it noted that "the details of the two are different"