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Nairaland Forum / Nairaland / General / Investment / Outlook For Stocks (476 Views)
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Outlook For Stocks by WorldAmbassador: 9:27am On Sep 25, 2016 |
Gone are the days when almost every company Stock in the Stock Market was overpriced-anyone remember the IPOmania in 2007/08. Stock prices of some companies on the NSE now reflect their true book value and a potential to generate returns when the economy recovers. In most economies, financial institutions(ex. banks) are the first companies to recover from an economic downturn. Whenever that happens, then the long-tern outlook for stocks(with good fundamentals) will be very positive. Until that happens, JIJO will rule in the NSE. |
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