Obvious good news will already be priced in to a stock, so Lazard has a different approach to playing the world of tomorrow
Thursday 21 Jan 2021 Author: Daniel Coatsworth
The events of 2020 have given us a clue as to where the world is headed, such as more time spent working from home and wider use of technology to do business. It was easy to spot those trends, and shares in relevant companies have already been bid up to high levels as the market prices in likely future success. You could argue these are now crowded trades, and...