高盛:應逢低吸納美股 料重磅股將跑贏大市
高盛資產管理公司(GSAM)表示,上周五(8日)就業數據顯示美國勞動市場保持韌性,限制美股上漲,認為當美股下跌將提供很好的趁低吸納機會。
目前投資者認為聯儲局在明年3月減息的可能性不大,隨著聯儲局可能會在更長時間內維持較高利率水平,股市可能會走軟。不過GSAM稱,股市出現任何回調都將被視為假象,若股市下跌,這將是一個重新平衡或逢低買入的好機會,現在低配股票的風險溢價是為時尚早。
高盛經濟師預計聯儲局將會在明年下半年開始減息,並估計在通脹放緩下經濟可保持增長,這將對股市帶來支持,特別是重磅股。GSAM稱,在這些經濟環境當中,優質股及重磅股往往會跑贏大盤,雖然估值似乎很高,但相信還有上漲的空間。
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