Equity sectors and segments – what do we favour?

With many stock market indices having hit record highs in the first quarter of 2024, it is timely to look at some of the factors our analysts take into account when selecting their preferred stocks. Besides looking at the development of individual companies, it is also important to join the dots and see what the important drivers are in different sectors and subsectors. So, what has our attention currently? In this episode of the Beyond Markets podcast, Bernadette Anderko, Investment Writer, talks to Philipp Lienhardt, Head of Equity Research, about how his team approaches the process of stock selection, what sectors they favour currently and the subsectors that are set to offer good investment opportunities in the coming months.00:53 Stock selection – our process02:30 Background – the big picture     04:29 Why we are approaching the time for a style reversal05:18 Why we still prefer US stocks versus European stocks06:28 Our preferred sectors (Communications/IT)07:54 Why we don’t believe that there is an IT bubble08:59 Why we like the Healthcare sector and some specific segments10:27 Subsectors where we see value12:05 Consumer defensives – it pays to be defensive12:54 Our stance on luxury goods13:20 Our stance on European financials14:02 Looking forwards and considering US electionsWould you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.