Bank of America is out with its latest near-term stock picks as the third trading quarter of the year gets underway.
Bank of America is out with its latest short-term stock picks as the third trading quarter of the year gets underway. The S & P 500 is now up about 16% this year and equity analysts at the firm are still expecting a summer rally that could hurt investors who have been positioning for bad news. "Over the last quarter, the BofA Macro view has evolved," strategist Anthony Cassamassino wrote in a note Monday. "Our U.S.
In technology, Bank of America names software company Datadog . It says demand for Datadog's developer security operations platform is "healthy" and the company stands to benefit from AI-driven cloud workloads. Potato products maker Lamb Weston is another stock on the list.
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