Stock Market Outlook: China Rebalancing Presents Winners and Losers
China's economic rebalancing means an overvalued basic materials sector, but consumption growth creates opportunities in areas such as telecom.
Although communication services does stand out as the most undervalued sector when looking at price/fair value of the companies we cover, we don't have any 5-star ratings on communication services companies, and in fact only 11 companies in this sector sport a 4-star rating.
Elizabeth Collins does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.