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.
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