Historically, high-quality, cash-generating stocks perform best in this phase.'A bird in the hand is worth two in the bush' is the theme Bank of America is touting during this earnings season, according to an April 14 note from the equity and quant strategy team led by Savita Subramanian.
In other words, as the economy moves deeper into a downturn, forget about expectations and go for high-quality, cash-generating, shorter-duration stocks, says the bank.
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Bank earnings ‘off to a good start,’ with Bank of America and Goldman Sachs on deckFirst-quarter earnings from the largest U.S. banks are off to a mostly positive beginning despite a tough start to the year for the sector, analysts said. And $pnfp Inflation with a recession coming & the big banks are still making tons of money Find out what they don't want you to know about how the system really works This book helped me get my credit score over 800 with low debt & low interest rates payitforward
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