Monday, 22 February 2016

Is there real opportunity in stocks?

After the strong rally last week, some analysts are looking for more gains ahead for the stock market.

Alison Deans, consultant at AA Deans Advisors, told CNBC on Friday that profit growth has been sluggish recently but by the second half of the year, the pressure on the market will be less as "comparisons get easier".

Jim Tierney, chief investment officer at AB's Concentrated Growth Fund, told CNBC that the market sell-off is an overreaction and that there is a "real opportunity" for investors.

More pessimistically, Todd Gordon, founder of, said that the rally had been driven by crude oil which, however, is likely to make new lows ahead.

Gordon also noted that consumer staples and utilities have led the rally, "not what you want to see".

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