BofA
Investing.com — Amazon stock staged a strong performance in 2024, outpacing both the Nasdaq and the eCommerce sector with a 44% gain, compared to 25% for the Nasdaq. This surge was supported by an expansion in the price-to-sales ratio, which increased from 2.3x at the beginning of 2024 to 3.1x.…
By Nupur Anand, Saeed Azhar and Pete Schroeder NEW YORK (Reuters) -Bank of America and JPMorgan are set to lobby the White House and Congress to defend themselves from accusations by President Donald Trump and others that they have shut down accounts of conservative customers on political grounds. The banks…
By Lananh Nguyen DAVOS, Switzerland (Reuters) -Bank of America Chief Executive Brian Moynihan on Tuesday welcomed economic policies announced by U.S. President Donald Trump since his inauguration as a “good thing” for business. “They want to see the U.S. economy grow and prosper,” Moynihan said in an interview with Reuters…
Investing.com — Tech stocks have wobbled into the start of the new year, but the US software sector remains inexpensive and is set to ride the third major tech cycle as consumer and enterprise AI adoption grows more rapidly, analysts from BofA said in a recent note. “The US Software…
Investing.com — Natural gas prices are expected to undergo a significant transformation in 2025, as per analysts at BofA Securities. Analysts suggest that markets are likely to see tightening supply and rising prices driven by factors such as increased liquefied natural gas export demand and reduced production growth in key…
Investing.com — In a wide-ranging note Tuesday, Bank of America analysts outlined ten unexpected scenarios that could shape the financial markets in 2025. These scenarios are seen as high-impact, contrarian possibilities that BofA believes some investors may not have considered. Returns >20% for a Third Straight Year: Despite the Wall Street…
Investing.com — Airbus (EPA:), one of the leading names in global aerospace, stands out as a compelling investment for 2025. As per analysts at BofA Securities in a note dated Thursday, the company has shown resilience and growth potential despite challenges in the aerospace sector, making it a noteworthy candidate for…
Investing.com — Bank of America analysts unveiled their “Top 10 U.S. Ideas” for Q1 2025, highlighting nine stocks with Buy ratings and one Underperform. The quarterly list emphasizes stocks expected to benefit from significant business and market-related catalysts. Ametek (NYSE:) BofA projects Ametek will exceed Q4 earnings expectations and provide solid…
Investing.com — BofA Securities has adjusted its outlook for European equities, downgrading German stocks to “underweight” while lifting its stance on UK equities to “marketweight.” This shift reflects nuanced views on the evolving macroeconomic environment, sector dynamics, and valuation considerations across the region. The downgrade for Germany follows what analysts…
Investing.com — BofA Securities analysts double upgraded Credo Technology Group Holding Ltd (NASDAQ:) stock from Underperform to Buy on Tuesday, following the company’s strong earnings report that sent its shares rocketing over 30% in premarket trading Tuesday. The bank also raised its price objective for Credo shares to $80, up…
