These stocks could soar during the recovery, Bank of America says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

New for subscribers: These stocks could soar during the recovery, Bank of America says Check out CNBCPro for a free trial.

Wang Ying | Xinhua News Agency | Getty ImagesWith data on employment and consumer spending showing that the United States economy may have already bottomed, it is time for a new group of stocks to lead the way, according to Bank of America.

"We expect a cyclical rebound following containment of COVID-19 and an exit from the 'downturn/recession' phase of our Regime Indicator given pent up demand and a resumption of normal economic activity," the note said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Pro The recovery?

Pro But they predicted square to lose half its businesses 🤔 I'd think their is some correlation.. no?

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

There's a 'disconnect' with bank stocks and they should climb higher, top analyst saysWells Fargo's Mike Mayo said on 'Fast Money' that bank stocks can climb higher still after a strong week for the sector. that's crap. their barely suriving even with all the Fed. stimulus money. Key graph in story, a.k.a “burying the lede: “In a note released Monday, Mayo wrote that investor feedback to Wells Fargo since last week’s call to raise price targets indicated a willingness by clients to take larger positions in bank stocks.” First Housing , now it's auto loans ! What next ?
La source: CNBC - 🏆 12. / 72 Lire la suite »