Swedbank recommends raising the weight of the stock to a smaller weight.
Swedenbank changed its recommendation on the weight of the neutral stock, which was due in December to increase the share weight to smaller weights. At the same time, the credit is neutralized by the previous overweight, while interest rates remain underweight and the period is extended.
Sweetiebank Strategy and Allocation stock strategist Matthias Isakson thinks he may be volatile for a while, but in the long run, he will pay for the stock's weight gain.
"From a short-term perspective, new central bank incentives can provide support for stock growth, while securities are becoming increasingly difficult to sustain in the interest rate market. In the long run, the possibility of valuing stock shares in lower new" normal "interest rates opens up. Should be, "Isasson writes.
Swedenbank also believes that US-China trade talks will move forward and macro figures will improve for the second half of the year, which will have a positive impact on the stock market.
Also Read: Big Bank: End of Trade Agreement with China After US Presidential Election