The four best bank stocks to own amid the Trump trade, according to top analyst Graseck

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 72%

Bank Of America Corp Nachrichten

Wells Fargo & Co,Goldman Sachs Group Inc,Citigroup Inc

Big banks are set to outperform under another Trump administration, per Morgan Stanley.

A Donald Trump presidency and Republican-controlled Senate could boost big banks, according to Morgan Stanley analyst Betsy Graseck. To Graseck's point, financials jumped more than 6% on Wednesday — the sector's best day since November 2020 — following Trump's win. Financials were also the top-performing sector on the day as expectations of a deregulatory push and more mergers and acquisitions under Trump buoyed investor sentiment on the sector. The "U.S.

The analyst highlighted four big banks investors should look toward: Citigroup, Goldman Sachs , Wells Fargo and Bank of America . Graseck holds an overweight rating on all four stocks. The acceleration in capital markets should benefit all the big banks, and Goldman Sachs is set to benefit the most, she noted. Bank of America is also expected to see gains from an uptick in activity. Goldman is up more than 12% week to date.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

PAC gets big checks from big names in San Antonio’s business communityA local PAC dedicated to passing a slate of six San Antonio charter amendments is getting an infusion of cash from the city’s business class
Herkunft: ksatnews - 🏆 442. / 53 Weiterlesen »

Earnings playbook: The first big week of the season includes reports from Netflix and big banksThe first big week of the earnings season is here, with several major financial and consumer facing stocks slated to report.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »