|Bid||30.95 x 3000|
|Ask||30.98 x 1100|
|Day's range||30.35 - 31.05|
|52-week range||24.96 - 37.00|
|Beta (5Y monthly)||1.39|
|PE ratio (TTM)||8.67|
|Earnings date||12 Jan 2024|
|Forward dividend & yield||0.96 (3.10%)|
|Ex-dividend date||30 Nov 2023|
|1y target est||33.98|
Bank of America Head of Portfolio Strategy Michael Hartnett (BAC) wrote a note to clients explaining some of his top picks for 2024. Hartnett encouraged clients to expect a harsh landing for the US economy next year, and prepare themselves by buying stocks in the banking, retail, and utility sectors, among others, as well as placing investments in China. Yahoo Finance Reporter Madison Mills breaks down Hartnett's net and what investors need to pay close attention to. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
The stock market looks set to close out 2023 with a bang. After slumping through most of the second half of the year, the S&P 500 has gained 8.6% month to date through Nov. 28, and investors are increasing their wagers that interest rates will come down in 2024, which should help lift stocks in the new year. If you're looking to capitalize on the renewed stock market rally, you're in the right place.
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