Emerging Markets Pull-Back Presents A Buying Opportunity, Citi Analysts Say

Thursday, February 17, 2011 08:07
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Emerging Markets Pull-Back Presents A Buying Opportunity, Citi Analysts Say

Tags: emerging markets | stocks | world economy

After a period of soaring growth, stocks in emerging markets have pulled back significantly, underperforming developed-market stocks by 10% in recent months.

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Yet there’s little reason to believe that earnings in emerging markets will fall off, and in fact Citi’s global equity strategy team says it’s more likely earnings will improve relative to developed markets.

 

That means it’s a good time to buy emerging-market equities, the report concludes.
 

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