UBS Strategist Vincent Heaney's Insights on US Equities and Quality Company Stocks
Monday, 18 March 2024, 23:14
UBS Analyst Neutral on US Equities, Constructive on Quality Companies
CNBC cites UBS strategist Vincent Heaney expecting the S&P 500 to end the year modestly higher. Heaney is most bullish on quality stocks, emphasizing companies with strong balance sheets and resilient earnings. Markets are anticipated to be choppy amid shifting central bank policy expectations. Lower interest rates, positive economic growth, and growing corporate earnings provide a supportive backdrop for equities in 2024.
Opportunities and Catalysts
- Quality companies are best positioned for performance
- Potential growth in the U.S. IT sector
- Discounted valuations make U.S. small caps attractive
- Opportunities within European small- and mid-cap names
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.