Financials, energy stocks look attractive -CIO

Reuters Videos
22,272 次觀看・3 個月前

STORY: "Financials and energy right now you you can enter them at at much more attractive prices and they have a bit of a hedge. If you look at financials for example of JP Morgan, best of breed P/E ratio (price-to-earnings ratio) of around 11 and if rates stay elevated, we think they're going to continue to do very well with net interest margins. And if rates come down some, we think we think investment banking will pick up quite a bit as well as lending," added Smith.