Bank of America top banker Rick Sherlund sees a major market shift ahead. According to Sherlund, optimism surrounding technology stocks will make a comeback this year — but the key is to weather the u...
Tag: BofAs
BofA’s Subramanian Echoes Yogi Berra’s Advice of Avoiding Crowds
(Bloomberg) — Yogi Berra once said of a restaurant that “no one goes there anymore. It’s too crowded.” Bank of America Corp. strategist Savita Subramanian has a similar warning for stock investo...
Buy Chinese Stocks and Sell Big US Tech Brands, BofA’s Hartnett Says
(Bloomberg) — The chorus of strategists turning bullish on Chinese stocks is getting louder by the day, with Bank of America Corp.’s Michael Hartnett the latest to recommend the nation’s equitie...
BofA’s reliable ‘Sell-Side’ contrarian indicator is very close to flashing a buy signal — here are 2 top stocks to consider when it does
Ignore the doom-n-gloom: BofA’s reliable ‘Sell-Side’ contrarian indicator is very close to flashing a buy signal — here are 2 top stocks to consider when it does If you want to buy l...
BofA’s Subramanian Says Wall Street Hasn’t Fully Capitulated Yet
(Bloomberg) — US equity sentiment held steady in September even as the S&P 500 Index suffered its worst monthly drop since the depths of the coronavirus pandemic in March 2020, according to ...
If You’re Looking for REITs, Here are BofA’s Favorites
It’s been a tough 2022 for real estate investment trusts. The FTSE Nareit All Equity REITs index has dropped 20% year to date through Sept. 16 amid roaring inflation and soaring interest rates. That s...
BofA’s Corporate Clients Rushed to Scoop Up Shares During Rout
(Bloomberg) — In the grip of the latest equity rout as hedge funds rushed for the exit, one reliable source of market support emerged: Corporate clients at Bank of America Corp. went on a buying...
BofA’s Subramanian just slashed her S&P price target to 3,600. But here’s what she likes for healthy cash return and inflation protection
The biggest bear on Wall Street: BofA’s Subramanian just slashed her S&P price target to 3,600. But here’s what she likes for healthy cash return and inflation protection With the market trading s...
BofA’s US stock chief sees a floor of 3,200 for the S&P 500 (potential downside of 22%) — but here are 4 sectors she likes for inflation protection and cash return
BofA’s US stock chief sees a floor of 3,200 for the S&P 500 (potential downside of 22%) — but here are 4 sectors she likes for inflation protection and cash return We’re almost halfway through the...
Novavax stock drops after BofA’s bearish call
Shares of Novavax Inc. NVAX, -8.57% sank 8.8% in midday trading Friday, after BofA Securities analyst Alec Stranahan recommended investors avoid the COVID-19 vaccine maker, citing a bearish view on co...
Market Gloom Triggers BofA’s Contrarian ‘Buy Signal’ for Stocks
(Bloomberg) — Bank of America Corp.’s indicator is flashing green for the first time since the onset of the pandemic in March 2020, potentially signaling an upside for global equities in the wee...
Volatility to shock investors in messy market: BofA’s Subramanian says
Investors should proceed with caution, according to BofA Securities’ Savita Subramanian. Even though February kicked off on a strong note, she warned on CNBC’s “Fast Money” a m...