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CEE Stocks to Climb by 20% in 2011
Published: January 5, 2011; 14:22 · (Vindobona)
Erste Group analysts recommend: stock picking rather than sector allocation. 2011 to be a positive year for equity investments.
CEE Stocks to Climb by 20% in 2011 / Picture: © Erste Group / Helmut Lackner
“2011 will be a positive year for equity investments based on positive company results, attractive valuations, low bond yields and decreasing risk aversion which will generate a positive environment for riskier assets. The consensus expects some 23% EPS growth for 2011 in the CEE region,” comments Henning Esskuchen, Co-Head of CEE Equity Research.
“As an investment…
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