The ‘Best Is Behind’ For Consumer Discretionary Stocks, Says Kenneth Andrade

India’s consumer discretionary sector, including auto, will take a backseat for a while as the country struggles to revive consumption amid the coronavirus pandemic.“Valuations are nice but they are not going to regain their highs. We’re taking a pause on that,” said Kenneth Andrade, founder and chief investment officer of Old Bridge Capital. “It won’t de-grow in perpetuity but the best is behind us,” he told BloombergQuint in an int...