The Tell: Should stock-market investors who ‘missed the rally’ buy now? Here’s what UBS says
Investors who are worried about having “missed the rally” in equities may still reap profits from buying now and seeking exposure to areas like midcap stocks in the U.S., according to UBS Group’s global wealth-management division.
“Record highs tend to be followed by further positive momentum,” UBS Global Wealth Management’s chief investment office said in its 2022 outlook report Thursday. “Tactically, we are positive on stocks given strong economic growth, solid earnings, and low bond yields.”