Baillie Gifford US manager Mick Brewis has been looking to stocks that can grow their earnings in dif...
Baillie Gifford US manager Mick Brewis has been looking to stocks that can grow their earnings in difficult markets in a bid to beat the US slowdown, including some retailers. He has positioned the £95m Baillie Gifford American fund to benefit from well-managed companies with strong competitive positions in their respective sectors, including supermarkets WalMart and Walgreens. “We think there is an opportunity to make money in these types of stocks, not just because these companies should continue to grow their earnings, but there is room for their valuations to rise as investors better...
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