to rotate out (of expensive stocks)

English translation: de se debarrasser des actions cheres

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:to rotate out (of expensive stocks)
Selected answer:de se debarrasser des actions cheres
Entered by: Jacques Saleh

13:04 Oct 27, 2003
English language (monolingual) [PRO]
Bus/Financial - Investment / Securities / Investment funds
English term or phrase: to rotate out (of expensive stocks)
The fund manager believes that the IT sector as a whole remains overvalued and continues to rotate out of expensive stocks.
Carmen Cuervo-Arango
Spain
Local time: 22:23
de se debarrasser des actions cheres
Explanation:
He is getting rid of expensive stocks, selling them to buy less overvalued ones...
Selected response from:

Jacques Saleh
United States
Local time: 15:23
Grading comment
Thank you for your three helpful answers!
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4 +1to switch into sectors with a lower P/E ratio
Ralf Lemster
4de se debarrasser des actions cheres
Jacques Saleh
4restructure the portfolio by replacing the IT stocks with higher upside potential stocks
Huang Jinquan


  

Answers


11 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
de se debarrasser des actions cheres


Explanation:
He is getting rid of expensive stocks, selling them to buy less overvalued ones...

Jacques Saleh
United States
Local time: 15:23
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in ArabicArabic
PRO pts in category: 4
Grading comment
Thank you for your three helpful answers!
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3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
to switch into sectors with a lower P/E ratio


Explanation:
"Overvaluation" is usually measured in terms of the price/earnings ratio - "rotate" refers to a sector rotation, where IT issues are sold and other sectors (with a lower P/E) are bought.

Ralf Lemster
Germany
Local time: 22:23
Specializes in field
Native speaker of: German
PRO pts in category: 64

Peer comments on this answer (and responses from the answerer)
agree  William Stein
9 hrs
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1 day 17 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
restructure the portfolio by replacing the IT stocks with higher upside potential stocks


Explanation:
The phrase means that the fund manager wants to re-appraise his/her portfolio and move out some of the overvalued and high-risk IT stocks with more reasonably priced stocks.

Huang Jinquan
Malaysia
Local time: 04:23
Native speaker of: Native in ChineseChinese
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