Emerging market stocks may have elevated risks, but they are far cheaper than U.S. shares making them worth the investment, said Charles Brandes, Chairman of Brandes Investment Partners. Brandes added that Russian stocks are the most inexpensive of the bunch due to the collapse in oil and the Ukraine crisis, yet they are still worth a small position because they are so cheap. The well-known value investor said the worst of the volatility in U.S. markets is likely over and he is most bullish on bank stocks due to their low valuations, and ‘old technology’ stocks due to their dividends, valuations and stability.
Via The Street
Charles Brandes: Buy BRICs, ‘Old Technology’ And Bank Stocks
Top value fund managers are ready for the small cap bear market to be done
During the bull market, small caps haven't been performing well, but some believe that could be about to change. Breach Inlet Founder and Portfolio Manager Chris Colvin and Gradient Investments President Michael Binger both expect small caps to take off. Q1 2020 hedge fund letters, conferences and more However, not everyone is convinced. BTIG strategist Read More