For a financial advisor,the key is what investors are seeking.Doug Cliggott,Chief Equity Strategist at Credit Suisse,says CS is looking at a society that's getting older.They think it makes sense that investors are seeking less risk.The kind of high yield,low beta equities investors need are names such as AT&T,Pfizer,PepsiCo and McDonald's.
We need to alter our structure of taxation.We need plant and equipment investing.Companies aren't investing because there's no growth.Who isn't frustrated?We're about the same place we were 12 months ago,but with extraordinary volatility.In that world,it makes sense that people are seeking the perceived security of the bond market.That's why CS recommends low volatility stocks with good yields.
A year from now,we could well be where we are right now.Earnings next year could be where we are this year.It's a dangerous,high risk environment,Doug Cliggott believes.
Credit Suisse(CS),AT&T(T),Pfizer(PFE),PepsiCo(PEP),McDonald's(MCD)
No comments:
Post a Comment