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Macro Finance

BofA Equities Traders Say Buy Momentum Stocks, Eyeing 5% Gain

Bloomberg Markets·July 22, 2026·1 min read

Bank of America Corp.’s trading desk is urging clients to buy US momentum stocks, betting that the group has reached an attractive price level after a bout of profit taking. The recommendation targets a potential 5% gain, signaling confidence in a rebound for momentum strategies.

Read at Bloomberg Markets
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