BofA Equities Traders Say Buy Momentum Stocks, Eyeing 5% Gain
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.
By Natalia Kniazhevich · Bloomberg Markets
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.