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Bank Of America Sees $69 Oil Within A Year
Wednesday, August 17, 2016 - 11:34am | 331Read More...Bank of America believes that rising oil prices will drive major outperformance among Energy Sector stocks in the next year. In a report out Tuesday, analyst Savita Subramanian explains why Bank of America upgraded energy stocks to Overweight. According to Subramanian, the bullish energy thesis...
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How Predictions Of An Impending Market Crash Might Actually Be Evidence It Isn't Coming Yet
Wednesday, July 6, 2016 - 1:58pm | 347Read More...It’s been quite some time since market fears concerning an imminent U.S. recession have been so strong. Ever since China slowdown fears sparked market concerns in August of last year, traders have been extremely jittery. Yet, despite weakness in China and Europe and a surprise Brexit vote...
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Bank Of America's Subramanian: Market Is Ready For Just One Rate Hike In 2016
Monday, May 23, 2016 - 4:50pm | 282Read More...Is the market ready for one more rate hike in 2016? What about several rate hikes? According to Bank of America's Savita Subramanian, the market is ready for just one rate hike in 2016 — certainly not two or three. Speaking as a guest during CNBC's "Halftime Report," Subramanian pointed out...
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Why Underweight Stocks Will Continue To Outperform Overweight Stocks
Wednesday, December 30, 2015 - 9:42am | 654Read More...BofA Merrill Lynch’s Savita Subramanian said that a midcap bubble seems to be forming, with midcaps now trading near a record premium to large caps. Analyst Savita Subramanian wrote, “Buying the ten most underweight stocks and selling the ten most overweight stocks by large cap...
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Bank Of America Contrarian Indicator Implies 18% S&P 500 Upside
Monday, November 2, 2015 - 2:41pm | 393Read More...The Bank of America Sell-Side Indicator predicts big returns from the S&P 500 over the next year. Wall Street sentiment remains near the levels seen during the 2009 trough of the Financial Crisis. Historically, sentiment levels this low have been followed by one-year stock market gains 96...
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AutoZone: A 'Rare Rate Hike Beneficiary'
Thursday, August 27, 2015 - 1:10pm | 334Read More...Bank of America Merrill Lynch added AutoZone, Inc. (NYSE: AZO) to its U.S. 1 list (of top investment ideas) on Thursday. According to the report, analysts Denise Chai and Curtis Nagle give the stock a Buy rating and $865.00 price target “in an environment where S&P 500 earnings growth...
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Bank Of America Recaps Earnings Season Thus Far
Tuesday, November 11, 2014 - 3:54pm | 230Read More...In a note to clients on Monday, Savita Subramanian of Bank of America stated that at the conclusion of last week's trading session, 443 S&P 500 companies reported earnings. Fifty-seven percent of companies thus far have beaten earnings per share expectations, 56 percent reported higher-than-...
