Инвестициялык легенда Билл Миллердин айтымында, жардам митингинен кийин да рынокто көптөгөн жакшы баалуулуктар бар

Miller attributed the change in sentiment to multiple factors: “market-friendly comments from Chinese officials, coupled with a well-signaled and discounted Fed rate hike of 25 basis points and some hope of progress for a negotiated settlement in the Russian war on Ukraine.” Perhaps that’s not much, but given the deep pessimism of short-term investors, it was enough.

Miller said there are many good values in the market, proceeding to tick off several.

A strong U.S. economy and a Fed that has started to lift rates will make it likely that a rotation to value from growth stocks has begun, while energy stocks don’t reflect oil prices in the $70s, much less $100s, he said. (The Miller Value Opportunity Fund he co-manages had Diamondback Energy
азуу,
+ 0.39%
as its third-largest holding at the end of 2021.)

Chinese stock valuations are too low, particularly when the government is easing and wants to help the market. And housing stocks with valuations in the low-to-mid single digits don’t “reflect even a modest continuation of the current fundamentals, he said. (Taylor Morrison Home
TMHC,
-1.90%
was a top ten holding in the fourth quarter.)

Miller said airlines and cruise ships should see years of strong demand due to robust consumer balance sheets and a solid economy (Norwegian Cruise Line NCLH was a top ten holding at the end of 2021), and mega-cap tech leaders like Amazon
AMZN,
+ 0.15%
жана Мета платформалар
ФБ,
+ 2.86%
also are attractive. He added that looking at a basket of names down 50% or more from their 52-week highs “will likely uncover some long-term bargains.”

диаграмма

Doug Kass, the president of Seabreeze Partners Management, says there’s a new FAANG: F for fuel, one A for agriculture, another A for aerospace (as in aerospace and defense), N for nuclear and G for gold and critical metals.

A MarketWatch-compiled average of his new FAANG assets, equal weighted using popular exchange traded funds, yields a 27% return for 2022. Kass says he’s long the GLD exchange-traded fund and has invested in stocks in the other sectors, and expects supply/demand imbalances to keep boosting these themes.

Ызы-чуу

President Joe Biden embarks on a four-day trip to Europe as the West weighs more sanctions against Russia, which kept up its offensive against Ukraine.

General Миллс
GIS,
+ 3.32%
raised its sales outlook after beating earnings expectations. Adobe
АДБЕ,
+ 2.18%
late Tuesday reported slightly stronger-than-forecast earnings and revenue but issued current quarter guidance below expectations.

A badly damaged black box was found from the China Eastern Airlines Boeing
БА,
+ 1.62%
737-800 plane that crashed.

Microsoft
MSFT,
+ 1.54%
says the hacking group LAPSUS$, which has shared images of infiltrating Okta
ОКТА,
-2.73%,
was also able to infiltrate the computer software дөө.

Federal Reserve Chair Jerome Powell makes his third public comments in a week, this time on a Bank for International Settlements panel on emerging challenges in a digital world. Cleveland Fed President Loretta Mester late Tuesday proposed front-loading rate hikes. New-home sales data is due at 10 a.m. Eastern.

Базарлар

АКШ биржасынын фьючерстери
ES00,
+ 0.09%

NQ00,
+ 0.02%
pointed to an opening pullback. The yield on the 10-year Treasury
TMUBMUSD10Y,
2.365%
was at 2.38%, having surged 23 basis points over the previous two sessions. Crude-oil futures
CL.1,
-0.19%
traded above $111 per barrel.

Жогорку тикерлер

Бул жерде Чыгыш таңкы саат 6га карата эң активдүү биржалар болгон.

Туш келди окуйт

Ash Barty, the top female tennis player in the world, retires at the ripe old age of 25.

Goldman Sachs башкы директору Дэвид Соломон is taking his DJ skills to Lollapalooza.

Билүү керек эрте башталат жана ачылган коңгуроого чейин жаңыртылат, бирок Бул жерде катталуу аны электрондук почта кутучаңызга бир жолу жеткирүү үчүн. Электрондук почта аркылуу жөнөтүлгөн версия болжол менен саат 7: 30да Чыгышка жөнөтүлөт.

Алдыдагы күн үчүн дагы көптү каалайсызбы? Жазылуу Barron's Daily, инвесторлор үчүн таңкы брифинг, анын ичинде Barron's жана MarketWatch жазуучуларынын өзгөчө комментарийи.