Grantham's Top 5 Stock Picks: Quality Leaders, Resources, Clean Energy, Deep Value, and Neglected Gems
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Quality stocks with strong balance sheets, cash flows, and low debt. They have defended well in bear markets.
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Resource stocks like oil and mining companies. They are negatively correlated to broad markets and cheap.
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Climate-related investments set to benefit from government action and spending. Solar and wind stocks in particular are bargains.
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Deep value stocks that look extremely cheap compared to historical norms.
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The most expensive market segments are the worst they've been in 40 years, while the cheapest quintile of stocks is the best in 40 years.