As the market begins a new quarter, Bank of America refreshed its list of top picks for the coming months. The major averages had a winning first quarter as the rally propelled by artificial intelligence continued. The S & P 500 gained about 10.2% to notch its best first-quarter performance since 2019, and the Nasdaq Composite jumped 9.1%.
mountain Spotify shares in 2024 One of the financial stocks featured in Bank of America's top picks list was Citigroup . Shares are up 23% in 2024, outperforming the broad market index, but analyst Ebrahim Poonawala says they still present a "compelling" risk/reward profile. "In our view the gap between perceived vs.
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