'Reacceleration ahead': Bank of America names global tech stocks to buy — predicting growth in the second half

Bank of America analysts painted an optimistic picture for a handful of European technology stocks, forecasting an acceleration in growth during the latter half of this year. Despite a challenging earnings season and mixed results in the second quarter — which contributed to the 10% fall in European technology stocks since mid-July — the bank sees potential for acceleration in critical areas of the industry. .

The bank's analysts said companies disclosed numerous challenges facing the sector in their second-quarter earnings, including softening demand and longer sales cycles in some areas, ongoing efforts to monetize artificial intelligence technologies, and a widespread focus on cost efficiencies and margin expansion. Despite these challenges, Bank of America sees reason for optimism and named several stocks it believes are well-positioned to benefit from this anticipated reacceleration.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Bank of America names 3 ETFs and a handful of stocks that will benefit from AICard-description
Fuente: CNBC - 🏆 12. / 72 Leer más »

India's central bank holds rates again despite global market volatilityIndia's central bank holds rates again despite global market volatility
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Bank of America offers a market hedge in case Nvidia earnings disappoint this weekNvidia's earnings report on Wednesday could spark a slide for a stock market that is still fragile from the sell-off earlier this month, according to BofA.
Fuente: CNBC - 🏆 12. / 72 Leer más »

These ETFs will thrive as U.S. manufacturing investment grows, Bank of America saysA group of exchange-traded funds holds stocks from a variety of sectors and boast strong, long-term track records.
Fuente: CNBC - 🏆 12. / 72 Leer más »

Stocks like Nvidia are table-pounding buys, Bank of America saysStocks like Nvidia still have more room to run this summer, according to Bank of America.
Fuente: CNBC - 🏆 12. / 72 Leer más »