Inflation? War? Stock Analysts Are Sticking With ‘Buy’
Research on individual equities is as bullish as it has been in two decades by some measures.
Stock analysts are riding with the bull despite rumblings from the bear.
Photographer: Thomas Lohnes/Getty Images
U.S. stocks slumped the most in 17 months on Monday, but the “buy the dip” mentality isn’t dead in the U.S. — and stock analysts are part of the reason it’s likely to stick around awhile. Research on individual stocks is as bullish as it has been in two decades by some measures.
It’s no wonder investors can’t kick their equities habit despite the largest ground war in Europe since World War II and energy prices that threaten to exacerbate the worst inflation in 40 years. Even as the S&P 500 Index fell 12% from its recent peak, investors are being told repeatedly that the majority of individual stocks have a bright future. From that vantage point, of course, every selloff will look like a buying opportunity.