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Global Partners Securities Sees Moderate Gains on the Horizon for U.S. Markets
Global Partners Securities Sees Moderate Gains on the Horizon for U.S. Markets
December 1, 2011 Investment news in New York,New York, United States of America
Domestic stocks in the U.S. should end 2012 up from this year’s results.
FOR IMMEDIATE RELEASE
New York,
New York,
United States of America
(Free-Press-Release.com) December 1, 2011 --
The majority of American financial analysts maintain high hopes for continued domestic economic recovery. While the crisis in Europe may have dampened some initial predictions, the fact remains that so many strong U.S. companies are now operating at almost unheard of price to earnings ratios.
While forecasts vary wildly, most analyst expect the market to end 2011 at least 7 percent up from its current level. “The S and P Index has gone down over the last 6 month period, but a fair share of that can be attributed to fear over the economic impact of the euro zone crisis. As the European situation reaches a resolution, and the recent maneuvers by the Central Banks appear to be a very large step in the right direction, the domestic stock market will react accordingly. U.S. stock prices will go up," stated William Oswalt, a senior financial analyst at New York’s Global Partners Securities.
“We recognize that U.S. stocks have been on a bit of a rollercoaster ride over the last couple of months. Even so, there’s no getting around the fact that, by any objective standard, so many of these stocks are still grossly undervalued. A lot of the fears that we’re currently seeing are disproportionate to the actual risks involved,” continued Oswalt. “While domestic unemployment is still at an uncomfortably high level, many U.S. companies are flush with unprecedented cash reserves. Corporate balance sheets, on the whole, are as strong or stronger than they’ve ever been. While we’re not expecting 2012 to be a record breaking year, across the boards, we do see enough positive indicators to be confident that 2012 will yield at least moderate gains for well-informed investors in the American markets.”
Where: Osterholz-Scharmbeck,Germany
Industry:
Where: Bourges,France
Industry:
Where: Villingen-Schwenningen,Germany
Industry: Business Services
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