Analysts: Stocks Near 'Once-in-a-Generation' Buying Chance as Corporate Profits Poised to Pop
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Stocks are approaching a "once-in-a-generation" buying opportunity, analysts from RBA said.
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Corporate profit indicators are hitting a trough in the US and global stock markets.
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That means earnings are about to take off in nearly every area of the market, the firm said.
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Investors could soon face a once-in-a-lifetime investment opportunity in stocks, thanks to a coming pop in corporate profits across sectors.
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Though global stocks tipped into a profits recession this year, earnings appear to have troughed, RBA said.