UBS expects Lulu's earnings and stock price momentum to continue, as the market has been favoring growth stocks
. The firm noted that the company has the best organic sales growth outlook in its coverage universe.
The $125 price target assumes a multiple in-line with other early-stage technologically driven growth stocks
in the consumer space, discounted back to current value, Moskow tells investors in a research note.
Summary: Some investors seeking safety in domestic US growth stocks
ranging from software and online advertising to aerospace and recruitment
Large-cap growth stocks
dominated this impressive run.
Major technology and growth stocks
, such as Amazon.com Inc ((https://www.reuters.com/finance/stocks/overview?symbol=AMZN.O) AMZN.O ), Google parent Alphabet Inc ((https://www.reuters.com/finance/stocks/overview?symbol=GOOGL.O) GOOGL.O ) and Netflix Inc ((https://www.reuters.com/finance/stocks/overview?symbol=NFLX.O) NFLX.O ), posted sharp declines.
Growth Revisited) after large-cap value stocks had underperformed large-cap growth stocks
by a wider margin than at any other time except for the height of the tech bubble since the Russell Index series began in 1978.<br />Despite investors being recently underwhelmed by earnings reports from Netflix and Facebook (Facebook declined by 19 percent Thursday), two of the notorious FAANG (Facebook, Amazon, Apple, Netflix and Google) stocks that have been outsized contributors to the post-crisis bull market, growth stocks
have continued their yearslong route of value stocks in 2018.
COMMENTATORS and analysts seem to spend a huge amount of time arguing the relative merits of growth stocks
versus value stocks when it comes to investing in company shares.
And when choosing growth stocks
, I pick only those that are said to allow me to sleep soundly at night.'
Further, the fund said it invests in the public equity markets of the US and typically does so in stocks of companies operating in the real estate sector including real estate investment trusts, besides, in growth stocks
of companies operating across all market capitalisations.
However, better performance for growth stocks
, as a group, has not translated into uniformly improved results for active managers.
"Benjamin Graham and the Power of Growth Stocks
: Lost Growth Stock
Strategies from the Father of Value Investing" is a market biography on the man who is credited with innovating value investing.