Tag: Investment strategy

Bank of America is encouraging investors to consider AI as a new trend in their investment strategy. Savita Subramanian, Head of US Equity and Quantitative Strategy, highlights productivity and increased focus on capex cycle on automation, reshoring, and green initiatives as a potential boost for firms with higher capital spending. Her team upgraded the tech sector to Market weight while downgrading healthcare, communication services, and consumer staples stocks. For investors, it's recommended to invest in value lines within mid-cap and small-cap stocks.

Navigating the complexity of the stock market during a recession can be difficult, but TipRanks provides investors an edge with its AI-powered analysis of top Wall Street analysts. Find out which stocks the analysts are strongly recommending in this week's list of 30 stocks. Get reliable data and insider tips from TipRanks and craft your own successful portfolio.