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High-yield stocks remain relatively attractive, says HSBC

Growth now looks expensive relative to value, but high-yield stocks remain relatively attractive, says Garry Evans of HSBC.

January 22, 2013 / 09:15 IST
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Here are experts equity calls for the day on how the markets are expected to trade:

Garry Evans, HSBC: While value stocks have lagged, high yield and low beta have done well. Valuations will determine whether this continues. Growth now looks expensive relative to value, but high-yield stocks remain relatively attractive. Bhuvnesh Singh, Barclays: So far, 71 percent of the companies have reported a positive EPS surprise as opposed to around 23 percent with negative surprises. Topline for 40 percent of the reported companies beat estimates and share price performances have been the strongest in the IT sector. Also Read
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first published: Jan 22, 2013 09:15 am

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