ALNY - Best and worst stocks sensitive to Russia and Ukraine from J.P. Morgan

With tensions rising between Russia and Ukraine the JPMorgan Chase macro research team screened Tuesday for stocks facing positive and negative impacts from the situation. "Russia-Ukraine tension is a low earnings risk for US corporates, but an Energy price shock amidst an aggressive central bank pivot focused on inflation could further dampen investor sentiment and growth outlook," strategist Dubravko Lakos-Bujas wrote in a note. "US companies have low direct exposure to both Russia (~0.6% for Russell 1000 (NYSEARCA:IWB)) and Ukraine (<0.1%) based on disclosed revenues). Indirect risks are potentially more substantial, which could include slower global growth and consumer spending due to higher oil and food prices, negative second-order effects through Europe, supply chain distortions, credit and asset write-downs, and cybersecurity risks." "While the path of Russia-Ukraine crisis remains unclear with potentially elevated market volatility in the short-term, tightening monetary policy, in our view, still remains the key risk for

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Best and worst stocks sensitive to Russia and Ukraine from J.P. Morgan