-
Bank of America Turns Bullish On Consumer Discretionary, Bearish on Staples
Monday, August 14, 2023 - 12:31pm | 638Bank of America made a strategic call by upgrading the Consumer Discretionary sector from Underweight to Overweight while simultaneously downgrading Consumer Staples from Marketweight to Underweight. In a note shared Monday by equity analysts, including Savita Subramanian, the key driving force...
-
Lacking Enthusiasm For Discretionary ETFs
Monday, December 12, 2016 - 9:38am | 458The Consumer Discretionary SPDR (ETF) (NYSE: XLY) and rival discretionary exchange-traded funds often spend some time in the limelight at this time of year simply because it is the holiday shopping season. That is a known seasonal factor but by no means a guarantee of upside to come for XLY and...
-
Wells Fargo's 3 Most At-Risk Stocks Relative To Street Expectations
Tuesday, June 14, 2016 - 2:46pm | 259Analysts at Wells Fargo released on Tuesday a list of stocks most at-risk relative to the Street's expectations. The list is compiled by gathering the midpoint of Wells Fargo's fair value estimate to the consensus estimates and adjusted for volatility. Wells Fargo's analysts cover 321 of the 505...