Here's the formula for spotting genuinely undervalued companies, claims this investment house
The growth stock vs. value stock dichotomy doesn't make sense, says ValuAnalysis. For most of 2020, investors poured money into names like online retailer Amazon $$, electric-car maker Tesla $$, and e-commerce platform Shopify -- "growth" stocks that kept indexes afloat in a turbulent year that hammered share prices across the board.But when news broke in early November 2020 that drug company Pfizer $$ and its partner BioNTech $$ had developed an effective vaccine against COVID-19, something pro
Asia stocks hold at highs, sustained by bottomless stimulus
* Treasuries rally on surprisingly soft CPI, dovish Powell. * Oil eases after longest winning streak in two years. SYDNEY, Feb 11 - Asian shares rested at record highs on Thursday as investors digested recent meaty gains, while bulls were sustained by the promise of endless free money after a benign reading on U.S. inflation and a dovish Federal Reserve outlook.Adding to the torpor was a lack of liquidity as markets in China, Japan, South Korea and Taiwan were all on holiday.MSCI's broadest ind