Bank of England America Corp (BAC) shares have been hit hard by the COVID-19 pandemic, which has slowed the US economy sharply. Despite the negative economic impact this had, adjusted EPS and sales were down compared to the same quarter of the previous year. Chief executive Brian Moynihan said he was optimistic for the future, pointing out that bank customers’ spending is picking up.

Investors will be looking for signs of improvement when Bank of America releases its first-quarter earnings next week. Analysts are confident that share gains, which have exceeded 20% in 2019, will remain in double digits next year.

Companies that are willing to do better, they say, will be able to keep increasing profits even as the economy slows or even slows. Coca Cola has quenched investors “thirst by driving out volatility, but before they step in and tap into buying opportunities, investors will have to wait for stocks to become cheaper, analysts say.

Sean King, an analyst at UBS, has upgraded the drinks giant from its previous price target of $60 to $63, citing a “buy.”

Disney is one of the top stock picks in the media, driven mainly by the streaming world, but many investors are taking excessive risks.

See Dip Portfolio, which shows that investors with reliable basic research can identify stocks with low risk and return ratios. The stock has outperformed the S & P 500 by 28% on average, and the Dow Jones Industrial Average’s average annual return over the past five years is 63% (Figure 5). See Dip, the stock is doing better than the broader market and has risen more than 50% over the past four years, while the S.P. 500 has risen nearly 30%.

Amazon shares are expected to benefit from Amazon’s acquisition of Whole Foods Market (NASDAQ: AMZN) and other online retailers. Some investors were concerned about the company’s potential impact on the US economy, but those worries were largely priced into the stock.

JPMorgan analyst Mark Murphy classified the stock as overweight and on Thursday affirmed his “overweight” rating for the month. The stock has surrendered more than 20% of its 2010 earnings so far this year, according to Bloomberg.

The company is expanding its generation fleet with wind turbines, which analysts say should help drive profit growth, but not at the expense of the company’s other assets.

ScotiaBank changed its rating on the stock from “Sector Outperform” to “Sector Perform,” raising its price target from $93 to $102, and downgraded the stock from “Sector Perform” to “Seventh Best” in the sector of Bank of America Corp, which will benefit from the Federal Reserve’s decision to keep interest rates low next year, said Keith Horowitz, an analyst at Citigroup. Jason Bazinet, another analyst at Citibank, reiterated the company’s buy recommendation and raised its 12-month price target to 1,500 from 2,450 and 12 months from 3,000.

In a note to investors, Morgan Stanley analyst Kimberly Greenberger reiterated her rating of the sportswear maker to “buy” and raised its price target from $108 to $118 and its 12-month price target to $118 from $108. The bank upgraded Goldman Sachs shares from “neutral” to “buy” and raised its price target from “255” to “220.00.”

Experts said T-Mobile’s stock is expected to rise over the next year if it happens with its pending merger with Sprint. Goldman Sachs analyst Michael Pachter and his team maintained their outperform rating for the telecommunications giant in a note to investors, raising their price target to “94” from “87,” citing client momentum.

BoF has not opted for technology – related S & P 500 stocks – but Wall Street is keeping a close eye on those stocks. Google’s parent Alphabet is among the worst – and that’s an issue, according to BofA market analyst Michael Pachter and colleagues.

The only S & P 500 stock that BofA analysts believe will grow 10% or more by 2021 is Apple (NASDAQ: AAPL), according to Pachter, and it is the only one in the top 10.

In its report, BofA announced Chevron’s size, which will allow it to win back investors who have turned back into value-related shares. They seem to be betting that 2021 is the year when those who are not on the stock market are catching up.

That means the stock is down a whopping 41 percentage points this year, and there is also a 1.3 percentage point gap between the Dow Jones Industrial Average and the S & P 500. This scenario also implies that BofA’s earnings per share will fall from 1 to 5% in 2019 to just 1 to 1% in 2030 over the next five years.

The restaurant share is trading at a historically low price and has shown promising growth in its on-site services business.

Bank of America shares fell after reporting second-quarter profits in mid-July, despite beating analysts’ expectations. On October 11, 2020, the stock rose 161% versus 36% for the S & P 500, and has an average price-to-earnings ratio of 7.5.

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By WBN