Goddy Egene
Vetiva Capital Management Limited has unveiled its annual list of 10 High Conviction Stocks, that present strong fundamentals and are forecasted to outperform the market in 2021.
According to Vetiva Research, while equity market’s gains in 2020 largely benefitted from global expansionary monetary policies orchestrated by central banks, the support factors for equities remain strong in 2021.
The report noted that equity markets are projected to benefit from still-low interest rates, resurgence in business activity and crude price recovery. It added that even as broad-based equity demand was anticipated, investors would continue to cherry pick fundamentally sound stocks with dividend payment potential.