As earnings season approaches, Bank of America has identified several stocks that it believes are positioned for growth and upside potential. These buy-rated stocks have been carefully selected based on their potential for strong performance in the upcoming quarter. From Broadcom to Eletrobras, Bank of America’s top picks cover a range of industries and sectors.
Investing
In the midst of market turbulence, real estate stocks have shown promise, indicating a potential trend worth exploring. The recent surge in the SPDR S & P Homebuilders ETF (XHB) and the iShares U.S. Home Construction ETF (ITB) has left investors optimistic about the opportunities in the housing sector. With speculation surrounding the Federal Reserve’s
On Thursday, investors witnessed a significant shift in U.S. equities with the Russell 2000 soaring by about 3.5% while the S&P 500 saw a nearly 1% decline. This divergence raises the question of whether this is simply a case of profit-taking in the top companies or if it signals the end of the megacap secular
It is truly remarkable to witness the impact that analyst calls can have on the stock market. Wells Fargo’s decision to raise AMD’s price target by $15 to $205, based on the company’s acquisition in the artificial intelligence space, highlights the significance of these calls. With an overweight rating and a positive outlook for AMD’s
As we move into the second half of the year, it is essential to look at the current stock market landscape and identify opportunities for investment. Bernstein has recently released a selection of stocks that are deemed attractive based on both quantitative and fundamental analysis. This approach aims to provide a well-rounded perspective on potential
The upcoming main market event this week is the release of the June consumer price index report, which has the potential to provide crucial insights into the Federal Reserve’s decision regarding interest rates. Economists are expecting that the CPI would have risen by 0.1% month over month in June and 3.1% year over year. Additionally,
Goldman Sachs reiterated its buy rating on shares of Alphabet and Meta, raising their price targets for both companies. The decision was based on raised estimates and valuation multiples. The firm sees potential for growth in both companies and believes investors should capitalize on the opportunity. Stifel initiated RH as a buy, highlighting the furniture
The French stock market has experienced a period of heightened volatility due to political news, leading to a significant pullback in June. The CAC 40, which is considered the primary benchmark index for French stocks, has faced a correction of almost 10% since reaching its peak in March. This decline has undoubtedly created uncertainty among
Investors seeking stocks with strong balance sheets and solid growth prospects may want to consider Chipmaker Micron Technology (MU). The company recently reported impressive results for the fiscal third quarter, beating expectations on both the top and bottom lines. This performance was driven by the demand created by the ongoing artificial intelligence (AI) wave, leading
Mainland China investors have been closely monitoring the performance of U.S. stocks, while expressing disappointment in the lackluster performance of stocks at home. Despite macroeconomic differences and the absence of Chinese stocks experiencing significant price jumps like Nvidia, there are still notable performers in the Chinese stock market. One such example is Apple supplier Foxconn