BofA strategist warns investors about holding cash
Savita Subramanian said low real returns make large-cap value stocks a more attractive option.
Investors should be cautious about sitting in cash because real returns are low, said Savita Subramanian, head of US equity and quantitative strategy at BofA Securities.
Speaking on Bloomberg Surveillance, Subramanian said large-cap value stocks are a “beautiful story” and a better option for investors seeking an alternative to cash.