These are the most important stocks in the U.S., according to Bank of America

Bank of America detailed a list of what it deems to be the most important stocks in the U.S. To create the list, the firm searched for stocks in the MSCI USA Index with a market capitalization exceeding $100 billion with an average daily trading volume of at least $100 million. The company then screened for importance, which calculates the volatility of relative return compared to the MSCI index over the previous decade.

The company is up 9% over the past month despite some recent volatility. Nvidia fell more than 5% in July and is on deck to report earnings later this month. Drugmaker Eli Lilly also met the screen's criteria. The company has made headlines this week on news that its weight loss drug reduced the risk of developing diabetes in a late-stage trial. Shares have rallied roughly 63% this year as Wall Street bets on its foray into the sector.

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.

A better way to bet on the stock market right now, according to Bank of AmericaSavita Subramanian, the firm's head of U.S. equity and quantitative strategy, says valuations for the S&P 500 Equal Weight Index are compelling.
Source: CNBC - 🏆 12. / 72 Read more »

Bank of America likes these solid dividend-paying stocks for AugustInvestors should look for dividend payers that have above-market yields that are secure, says Bank of America.
Source: CNBC - 🏆 12. / 72 Read more »

Ride out future market and economic volatility with these all-weather stocks, Bank of America saysInvestors may want to keep an eye on these stocks to ride out any future market volatility, according to Bank of America.
Source: CNBC - 🏆 12. / 72 Read more »