JPMorgan Says Stock Decline Represents Buying Opportunity

The Street2021-09-21

'Our fundamental thesis remains unchanged, and we see the sell-off as an opportunity to buy the dip,' said JPMorgan strategist Kolanovic. The stock market’s decline Monday, including a 1.7% slide for...

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精彩评论

Min_max
2021-09-22
Min_max
yes, it’s an opportunity to buy
Dawang
2021-09-21
Dawang
JPM calling for new money to come into play 😂
SkyLim
2021-09-21
SkyLim
Ok
dandan_4896
2021-09-21
dandan_4896
Piak
- SkyLim:
  ok
Benlaps
2021-09-21
Benlaps
True
- Khoo12:
  Yes
Winyss10
2021-09-21
Winyss10
latest

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And JPMorgan sees it above 5,000 next year. Strong earnings will fuel the moves, the bank says.\n“We remain constructive on risk assets, … given expectations of a reacceleration in activity as the delta wave fades and better-than-expected earnings,” Kolanovic said Monday.\nCyclical stocks are now at cheap historical valuations, he said. “Risks are well-flagged and priced in.”\nMorgan Stanley sang a slightly different tune Monday. The stock market could plunge 20% as fiscal stimulus is withdrawn and economic growth slows, said Morgan Stanley Chief US Equity Strategist Mike Wilson.\n“Given the extraordinary fiscal stimulus during this recession, we are concerned that the inevitable deceleration in growth will be much worse than what is currently expected,” he wrote in a commentary also cited by CNBC.\nThe worst case scenario could mean “a larger-than-normal mid-cycle transition correction in the S&P 500 -- 20%,” Wilson 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