Our Outlook for Business and Property Services Stocks
There are pockets of value and overvaluation among these stocks.
Our business and property services coverage includes a wide variety of industries, spanning the spectrum between business and consumer spending. Although equity indexes have almost universally moved lower over the last quarter, the impact on the firms we cover in this space was mixed. This varying performance is not surprising given that the fundamental drivers in business and property services range from demand for workers, outsourcing, discretionary income, the supply-and-demand of real estate, and many other factors.
Joel Bloomer does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.