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

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.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

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
Source: ksatnews - 🏆 442. / 53 Read more »

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.
Source: CNBC - 🏆 12. / 72 Read more »