Investors should purchase stocks with the highest price-to-earnings ratios because their valuation premium to the cheapest shares is too low, according to Jonathan Golub at UBS AG.
Record profit from iPhone and iPad maker Apple Inc. is masking weakness at other Standard & Poor’s 500 Index companies during the fourth-quarter reporting season, according to UBS AG’s Jonathan Golub.
"While central bank policy is likely to be at the forefront for many investors, we do not expect a rising funds rate to disrupt the market's progress forward."
- Jonathan Golub on Jan 05, 2015
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