You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
美銀:小盤股已對“深度衰退”充分定價!未來十年年化回報率將達12%
uSMART盈立智投 12-01 15:57

美國銀行建議投資者在2023年買入美股小盤股,作爲對衝市場下滑的工具,並預計這部分市場在未來十年將實現12%的年化回報率。

據瞭解,美國銀行表示,小盤股當前股價顯示已對“深度衰退”充分定價,而羅素2000指數(IWM.US)有望在未來10年實現每年12%的回報率。相比之下,美國銀行預計同期標普500指數的年漲幅僅爲5%。

該行分析師表示:“我們認爲,小盤股的進一步下跌將比大盤股更有限,一旦市場見底,這通常是對小盤股最樂觀的時期。”此外,他們預計標普500指數將在2023年年中見底。

此外,該行還稱,在上世紀70年代和80年代的三次經濟衰退中,小盤股的表現優於大盤,而在這三次衰退期間,美聯儲也在抗擊高通脹。美國銀行認爲能源、金融和基本食品類股"處於最佳位置",但敦促投資者謹慎投資醫療保健類股。

但值得一提的是,美國銀行指出,小盤股的一個缺點是它們的債務負擔,這通常與短期或浮動利率有關,如果利率在2024年以後仍居高不下,可能會影響營業利潤。但該銀行認爲這種“壞消息”已經反映在某些股票中。

對於市場衰退的可能性,此前高盛表示,其認爲美國經濟將迎來“軟着陸”,他們認爲美國經濟滑入衰退的可能性仍約爲35%。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account