Nomura Securities Global Strategy: Stock Ideas for a World of Hurt
Tweet Send to a FriendGet Alerts SNDK Hot Sheet
Price: $63.04 +2.96%
Rating Summary:
18 Buy, 8 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 30
Rating Summary:
18 Buy, 8 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 30
Trade SNDK Now!
Nomura Securities Global Strategy: Stock Ideas for a World of Hurt
Analyst Michael Kurtz, said, "Stock ideas for a world of hurt. We still ‘like’ stocks, and risk, on a medium-term view. In fact, from our perspective, what began as a mundane dip-buying opportunity not so many weeks ago has now morphed into potentially the asset-class opportunity of a generation. Stocks may look quite compelling compared to bonds right now, but we have to admit that the near-term fears and uncertainties underpinning an extreme valuation gap may linger for a while. They may yet worsen before they get better. However, in a 5.0% nominal GDP growth world, we think this is too high an opportunity cost to pay for safety. We outline our best ideas using the following characteristics: dividend yield plays, growth defensives, organic growth and structural thematic drivers."
Nomura has a Buy on SanDisk (Nasdaq: SNDK), Cognizant (Nasdaq: CTSH), and Marriott (NYSE: MAR). Nomura has a Neutral rating on priceline.com (Nasdaq: PCLN),V MWare (NYSE: VMW) and Western Union (NYSE: WU)
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Analyst Michael Kurtz, said, "Stock ideas for a world of hurt. We still ‘like’ stocks, and risk, on a medium-term view. In fact, from our perspective, what began as a mundane dip-buying opportunity not so many weeks ago has now morphed into potentially the asset-class opportunity of a generation. Stocks may look quite compelling compared to bonds right now, but we have to admit that the near-term fears and uncertainties underpinning an extreme valuation gap may linger for a while. They may yet worsen before they get better. However, in a 5.0% nominal GDP growth world, we think this is too high an opportunity cost to pay for safety. We outline our best ideas using the following characteristics: dividend yield plays, growth defensives, organic growth and structural thematic drivers."
Nomura has a Buy on SanDisk (Nasdaq: SNDK), Cognizant (Nasdaq: CTSH), and Marriott (NYSE: MAR). Nomura has a Neutral rating on priceline.com (Nasdaq: PCLN),V MWare (NYSE: VMW) and Western Union (NYSE: WU)
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Morgan Stanley Maintains Bullish Stance on Walter Energy (WLT)
- Goldman Sachs Downgrades Palo Alto Networks (PANW) to Buy
- UPDATE: Canaccord Genuity Starts T-Mobile US, (TMUS) at Hold
Create E-mail Alert Related Categories
Analyst CommentsRelated Entities
Nomura, Dividend
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
