2023 turned out to be a terrific year for stocks, as the stock market did shockingly well in an environment of rising interest rates and worries about an economic downturn. The S&P 500 and the NASDAQ indexes have both posted solid gains, of 17% and 33%, respectively.
While stocks are surging towards their highest levels, it doesn’t mean investors have lost their chance to hop on the bandwagon. According to banking giant Deutsche Bank, there’s still plenty of room for them to get in on the action.
Against this background, let’s take a look at Deutsche Bank’s quarterly Fresh Money List, the recently updated compilation of the DB analysts’ ‘top ideas’ for the coming year. The investment bank started this list in 2017, and since then these picks have posted consistent outperformance when compared to the S&P 500. The index has gained 124% over the past 6 years; the Deutsche Bank Fresh Money List has gained 167%. This remarkable track record makes the Deutsche Bank picks an…
2023-07-12 10:17:21
Original from finance.yahoo.com
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