Monday, April 20, 2009
Is it time to shift out of defensive stocks?
... “There's a danger (with safe moves) from the standpoint that you could buy stocks that don't catch most of the rebound,” said David Goerz, chief investment officer of HighMark Capital Management in San Francisco. “If you don't consistently rebalance, you miss out on the recovery and you can actually end up well behind as we come out of this.”
In order to best position yourself to participate in a stock recovery, it's better to buy cyclical stocks like tech, manufacturing and other industries that rely on economic growth as the global recession moves closer to an end.
Barclays Wealth, the wealth management arm of British bank Barclays, recently began recommending that clients begin dialing up risk accordingly...
Observer: Is it time to shift out of defensive stocks?
In order to best position yourself to participate in a stock recovery, it's better to buy cyclical stocks like tech, manufacturing and other industries that rely on economic growth as the global recession moves closer to an end.
Barclays Wealth, the wealth management arm of British bank Barclays, recently began recommending that clients begin dialing up risk accordingly...
Observer: Is it time to shift out of defensive stocks?