Glossary entry (derived from question below)
English term or phrase:
to rotate out (of expensive stocks)
English answer:
de se debarrasser des actions cheres
Added to glossary by
Jacques Saleh
Oct 27, 2003 13:04
20 yrs ago
English term
Spain
31 year experience full time translator
Native in: Spanish
Works in: English to Spanish, Italian to Spanish
to rotate out (of expensive stocks)
English
Bus/Financial
Investment / Securities
Investment funds
The fund manager believes that the IT sector as a whole remains overvalued and continues to rotate out of expensive stocks.
Responses
11 mins
Jacques Saleh
United States
United States
Native in English
&
English
Specializes in field
United States
Law/Investments/Finance (PhD & MBA)
Native in: English 
, Arabic
Works in: Arabic to English, English to Arabic, French to English, and 2 more.
Related KudoZ points
:
4
Selected
de se debarrasser des actions cheres
He is getting rid of expensive stocks, selling them to buy less overvalued ones...
4 KudoZ points awarded for this answer.
Comment: "Thank you for your three helpful answers!"
+1
3 hrs
Ralf Lemster
Germany
Germany
Specializes in field
Germany
The language of financial markets
Native in: German
Works in: English to German, German, German to English, and 1 more.
Related KudoZ points
:
64
to switch into sectors with a lower P/E ratio
"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.
1 day 17 mins
Huang Jinquan
Malaysia
Malaysia
Malaysia
Competent in sports and biz literature
Native in: Chinese
Works in: Chinese to English, English to Chinese
restructure the portfolio by replacing the IT stocks with higher upside potential stocks
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.
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