Yum! Brands, Inc. (YUM) Stock Forecasts

Summary:

We have three strategic asset allocation models: conservative, growth, and aggressive The S&P 500 fell 2.4%, compared with a 2.3% decline for the fixed-income ETF AGG on its own equity returns were a healthy 25%, and bonds were down 2%. Our Stock-Bond Barometer model modestly favors bonds over stocks for long-term portfolio positioning. In other words, these asset classes should approach their target weights in a diversified portfolio. leaning small to bonds given the recent rise in interest rates.We are overweight large caps.We prefer large caps to growth exposure and for financial strength, while small-caps offer 10%-15% equity exposure under the benchmark.U.S. stocks have outperformed global stocks over the past one and five years We expect this trend in favor of US stocks to continue given the volatile global economic, political, geopolitical and currency conditions.However, international stocks offer a favorable near-term outlook valuations and we are targeting 5%-10% of the equity in 2024. In terms of growth and value, we expect that growth in the long term