You Searched For "BOFA" and got 20 results
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1 min read
Fewer people are moving as 'hidden' homeownership costs spike, BofA says
Fewer households are moving to new cities due to "hidden costs" like higher insurance and property …
Kelly Cloonan
2 mins read
BofA investment chief reveals his 2nd-half playbook: Buy dips in bonds, and sell stocks after the first rate cut
The call from BofA investment strategist Michael Hartnett is a reversal of his "anything but bonds"…
Matthew Fox
2 mins read
Stock market today: Dow ends at a record high as markets see rising odds of another big rate cut
Odds of another 50 basis point rate cut at the Federal Reserve's next FOMC meeting in November hit …
Matthew Fox
1 min read
5 defensive trades to make if stagflation and hard-landing fears cause a stock sell-off, BofA says
The ongoing stock rally is "vulnerable to more evidence of stagflation," chief investment strategis…
Filip De Mott
1 min read
The specter of stagflation is back in the news. BofA says investors should buy these 2 areas of the market to capitalize.
Reports referencing "stagflation" jumped to a two-year high, which could quickly shift the market n…
Filip De Mott
2 mins read
Apple stock will soar 36% as it gears up to launch an AI-enable iPhone, BofA says
Bank of America said Apple could announce a 5% dividend increase and $90 billion share buyback prog…
Matthew Fox
1 min read
Post-rate cut bubble risks mean investors should buy bonds and gold, Bank of America says
With new easing cycle from the Fed kicking off, tech "bubble risks" are back, Bank of America strat…
Kelly Cloonan
2 mins read
Gen Z's love of discount stores could send these 3 retail stocks soaring as much as 18%, Bank of America says
Amid high inflation, Millennials and Gen Z are increasingly shopping at TJ Maxx, Burlington, and Ro…
Kelly Cloonan
1 min read
Stock market today: Indexes rise on upbeat retail sale data ahead of Fed meeting
Retail sales boosted confidence in the US consumer a day ahead of the Fed's anticipated interest ra…
Filip De Mott
2 mins read
Delinquent debt is piling up. Here's why it's not a reason to worry about the US consumer, according to BofA CEO Brian Moynihan.
More credit card debt and car loans transitioned into late payment status last quarter, per the New…
Jennifer Sor
3 mins read
Resist the temptation of AI and bet on safe defensive stocks, Wall Street analysts say
AI investing has been all the rage this year, but as macro uncertainty picks up, so have recommenda…
Filip De Mott
2 mins read
Stock market today: S&P 500 goes for 5-day win streak as markets look ahead to next week's Fed meeting
"While we acknowledge risks of larger cuts at subsequent meetings, we think the Fed will start off …
Matthew Fox
1 min read
The stock market just flashed bullish a signal suggesting 19% upside by August 2025, BofA says
The signal implies the S&P 500 could hit 6,000 over the next 16 months, and even reach as high as 6…
Matthew Fox
2 mins read
Why oil prices already at highs could surge another 10% by summer, according to BofA
Bank of America predicts Brent and WTI peaking around $95 per barrel in summer, a roughly 10% jump …
Yuheng Zhan
2 mins read
'We're only in '1996': Why the AI boom is still in its earliest days, according to Bank of America
Relative to the trajectory of the internet, which ushered in a new era of tech innovation, AI in th…
Kelly Cloonan
1 min read
Apple's earnings power is once again being overlooked by investors, positioning the stock for 28% upside, BofA says
In 2018, Wall Street estimated Apple would see profit margins of about 39% in 2023. Margins were in…
Matthew Fox
2 mins read
Stock market today: Indexes rise as traders eye debate and upcoming inflation report
Stocks continued to rise higher after rebounding sharply on Monday, as investors gear up for the up…
Filip De Mott
1 min read
Tesla could follow a 4-part path to 35% stock upside after shaking off earnings worries, BofA says
"The tide in news flow appears to suggest the risk to the stock is skewing more positively," Bank o…
Matthew Fox
2 mins read
BofA slashes Tesla's stock price target, says weak demand will hurt unless the company cuts prices more
"We see it hard for the company to generate additional sales with its current product portfolio or …
Matthew Fox
2 mins read
Buy these 3 stocks to ride a 2nd wave of AI frenzy as accelerators outperform, BofA says
"Rising tide could create profitable niche for next tier of vendors," analysts at the firm said.