RE: SMT in The Times25 May 2022 11:07
SMT is a sell due to the overvalued shares it holds. Any one holding Tesla is in dream land still. However, SMT are definitely the one to hold when US inflation and interest rates are close to zero and the government are writing checks they can't afford. That time is now over and will not be back for decades. SMT are just in the wrong stocks. The cost of growth stocks to raise money and grow is just not there and many will go bust - it was easy last year money was being given to growth without a proper investigation and cheaply. Money was taken away from the value stocks to buy growth stocks and the opposite is now happening. Value is cheap and the share price of these companies are stable, pay a good dividend and will grow because they are cheap and - growth story has ended for now but it will come back but it tuck 16 years last time.