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ubs recommends investors focus on european stocks due to valuation gap
UBS analysts recommend investors to adopt an overweight position in European stocks, citing a notable valuation gap compared to US markets. This strategy is highlighted in the latest market insights, encouraging a shift in investment focus towards Europe.
UBS has issued a double downgrade for Commercial Metals Company (CMC), lowering its rating from Buy to Sell, reflecting a bearish outlook on the steel industry. The firm also downgraded Steel Dynamics (STLD) and Nucor (NUE) to Neutral, citing a less compelling risk-reward profile for the sector.
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