Not to suggest that if everybody's doing it so you should you, but a just-released Citigroup survey reported that almost two-thirds of institutional investors said they're looking to add more stocks to their portfolio. That's up 10 percentage points from Citi's December survey.
According to Citi, they favor the tech sector and expect utilities to perform worst in 2009 (in December, they expected financials to perform the best and consumer discretionary to perform the worst.) Attitudes about growth stocks have also changed: In mid 2007, 80 percent believed that growth would outperform value, but in December only 40 percent stuck by growth.
Other interesting results:
In a separate survey by Merrill Lynch, 26 percent of managers surveyed think the global economy will improve within 12 months.