Holiday Bargains Are in Bonds, Not Stocks, John Hancock Strategist Says
- She likes total return of high-grade bonds trading at discount
- Health-care companies with good balance sheets are stock play
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John Hancock’s Emily Roland says investors still have time to get an end-of-year bargain.
“Favoring the bond store over the equity store during this holiday shopping season,” the co-chief investment strategist of John Hancock Investment Management told Bloomberg Television’s Surveillance on Friday. “The fixed-income store is where a lot of the bargains are. Look at investment-grade corporate bonds. We’re seeing a big price decline similar to ‘08 or ‘09 levels. We like the income there, the total return potential.”