Morgan Stanley says tax reform bill, earnings outlook will boost U.S. large-cap stocks
-
最新报道：According to a report by CoinWorld, Morgan Stanley strategists said that large-cap U.S. stocks are attractive because they are expected to benefit from the fiscal spending bill and strong earnings prospects. The team led by Michael Wilson said that the tax reform bill may be expected to improve cash flow, thus supporting the investment logic of sectors such as technology, communication services, healthcare and energy. In addition, the breadth of earnings revisions has improved significantly - that is, the number of analysts who raised their earnings expectations minus the number of analysts who lowered their expectations - boosted investor sentiment against the backdrop of continued trade uncertainty, Wilson pointed out. He reiterated his preference for the financial and industrial sectors, noting that the recent upward revision of earnings expectations in the sector was large. "The new tax reform bill is good for the large-cap index, as are strong earnings per share revisions," Wilson wrote in the report.
下一篇
Bitcoin Supply Tightening As Wide Base of Investors Buying $2,359,432,720 in BTC per Month: Glassnode
- Bitcoin's supply is tightening as a broad base of investors collectively purchases approxi...
24小时热点
热点专题
413499