Bank of America expects the stocks to 'significantly outperform' their peers in the fourth quarter.
Interest rate rises, soaring energy prices and political turmoil in some parts of the world have battered stocks going into the final quarter of this year. To help investors navigate the volatility, Bank of America has revealed its top "short-term stock recommendations" for the next quarter. The investment bank's analysts said in an Oct.
A 4 billion euro loan due from Uniper, the German energy giant that was recently nationalized, and another 4 billion euro in guarantees have "weighed hugely" on the stock price this year, according to the Bank of America. However, the nationalization of Uniper means the Helsinki-listed company has "de-risked" its balance sheet by 8 billion euros, the bank said, describing the company as a "pure play clean power generator.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Bank of America to invest $100 mln in deposits to minority-owned banksBank of America Corp plans to deposit an additional $100 million into banks that focus on minority communities, the company said on Tuesday.
Lire la suite »
Here are Bank of America's top stock longs for the fourth quarterBank of America sees these long-term stock investments worth making as some pull back.
Lire la suite »
Boston Bank Worker Accused Of Forging $65k Check To Buy BMW X6 | CarscoopsBoston Bank Worker Accused Of Forging $65k Check To Buy BMW X6 | Carscoops carscoops
Lire la suite »
Pa. man says he robbed bank to stay in prison, not be an imposition to familyRobert A. Jones was sentenced to 45 and 90 months in state prison for robbing a bank in Jersey Shore in September.
Lire la suite »