tg-me.com/meehman/5022
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BY Мем-авангард
![](https://photo.tg-me.com/u/cdn4.cdn-telegram.org/file/KOS8TG79FPndMySY5fGVqLqVKWys6aengwWIhlaHSfVESz-Tbd1vJQzveXW7DzVCQd9J2cTAl0RXhmTzo-WNu_bP5Gmsv1FDPlfZzXyCLkQNnPo2CwZQJ7l9CZSbmP59etPYjuMt1PdnjCq6o7lP_EW7g-1AbSn47fA3r45oEW8JZg9Pzc7G-4aFFcxYsL_swnqFy2nauzHhhnj444ZBgZhAvjy9Hi9LN2WG5uSBYQzTZpv-nfj2Zj7Z5eV7amPNbbGHnG9rUcRCs3hXUxjQIP7BLKRJjbEVzodXSudWFaDH4sh7xqt83RSPpgy4PiZx8JruC0wJK55dJOmdLB-x6A.jpg)
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tg-me.com/meehman/5022
BY Мем-авангард
However, analysts are positive on the stock now. “We have seen a huge downside movement in the stock due to the central electricity regulatory commission’s (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.
A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.
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