News Formal

Stocks such as Meta are ‘best positioned’ for a market correction, Bank of America says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Bank of America named a host of buy-rated stocks to consider in the event of renewed market volatility.

The market has some investors on edge, but Bank of America named a host of stocks this week that analysts say are well-positioned in the current environment. The firm said these companies have an attractive risk/reward with plenty of upside.

Pro combed through Bank of America research to find stocks to buy amid the uncertainty. They include Blackrock , Wells Fargo, Meta and TJX Companies. Wells Fargo The banking giant is firing on all cylinders, according to analyst Ebrahim Poonawala. The firm recently came away from a meeting with Wells management with even greater conviction on the stock.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank of America sees more than 30% upside ahead for this derivative play post-Nvidia earningsAnother blowout quarter from artificial intelligence giant Nvidia should bode well for shares of this derivative play, according to Bank of America.
Source: CNBC - 🏆 12. / 72 Read more »

Bank of America Corp. stock falls Friday, underperforms marketShares of Bank of America Corp. slumped 0.42% to $28.50 Friday, on what proved to be an all-around positive trading session for the stock market, with the...
Source: MarketWatch - 🏆 3. / 97 Read more »