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Saxo Bank Q1 Equity Outlook: Mean reversion to dominate
Going into 2013 there is no doubt that you should own equities. The mean reversion regime is even more pronounced in individual equities in the first quarter. The well-known strategy going into the first months of a new year is to buy last year’s losers and sell the winners. That is still the strategy in this quarter too. Some of the losers were Hewlett Packard (HPQ:xpar) and Peugeot (UG:xpar) which makes them good mean reversion candidates. Winners like PulteGroup Inc (PHM:xnys) and Bank of America (BAC:xnys) might take some losses and are also worth taking a a look at.
01:22 minutes
Tags: bac, equities, hpq, outlook, peter garnry, phm, saxo bank, stocks, tradingfloor.com, ug
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