Impact of Fear on Investing: Selling investments out of fear can lead to significant financial losses, with average investors missing out on $2,300 for every $10,000 invested due to poor timing and excessive trading, especially during market downturns.
Consumer Spending and Stock Performance: Despite economic concerns, consumer spending remains healthy, with US households dedicating less than 12% of their income to debt, supporting strong stock performance and profit growth among US companies.
Opportunities in Closed-End Funds (CEFs): The Liberty All-Star Growth Fund (ASG) is highlighted as a valuable investment opportunity, trading at a 9.9% discount to NAV while offering an 8.9% yield, making it an attractive buy amidst market hesitance.
AI Stocks as Bargains: Several AI-focused funds are currently undervalued, with average yields around 8.2%, presenting a timely opportunity for investors to capitalize on potential gains before upcoming dividend payouts.
Wall Street analysts forecast ASG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast ASG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
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0 Sell
Current: 5.430
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Current: 5.430
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About ASG
Liberty All-Star Growth Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to seek long-term capital appreciation. Under normal market conditions, the Fund seeks to achieve its investment objective through investing at least 65% of its net assets in a diversified portfolio of equity securities of companies of any market capitalization. The Fund may invest up to 35% of the value of its total assets in United States (U.S.) Government Securities, repurchase agreements with respect to U.S. Government Securities, and, to an extent not greater than 10% of the market value of the Fund's total assets, money market mutual funds that invest primarily in U.S. Government Securities. The Fund's investment advisor is ALPS Advisors, Inc. The Fund's investment managers include Congress Asset Management Company, LLP; Sustainable Growth Advisers, LP, and Weatherbie Capital LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
