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Bargains in commodities, cyclicals: Pro

Posted on 27 June 2013

If you believe real global growth will improve, look for bargains in commodities and cyclical companies, NYU finance professor Aswath Damodaran said Wednesday.
“I think in a sense you’ve got to play the cycles, commodity-price cycles and economic cycles, so I would go to commodity companies and cyclical companies,” he said. “Not all of them are cheap, but I think your best chance of finding bargains are in those segments.” Damodaran said that he had bought stock in Petrobras as a play on Brazil and oil………………………………………..Full Article: Source


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