Book profits in high PE stocks and reinvest in value stocks: fund managers
Tue, Nov 5, 2024 1:13 PM

Book profits in high PE stocks and reinvest in value stocks: fund managers

A Flip by Shubhangi Gupta
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At a time when the Indian stock markets are experiencing heightened volatility amid record outflows by FPIs and the uncertainty around the US Presidential elections, fund managers advise investors to adopt a near-term strategy of booking profits in low-growth and high PE stocks and reinvesting in value stocks, following a calibrated approach to buy during dips.

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