BofA Securities names HSBC as top sector pick for the year
HSBC HSBC Holdings plc ADR
$94.54 +0.67%
View chart & analysis → - 1BofA Securities identified HSBC as the top sector pick for this year.
- 2BofA Securities stated it is most positive on NatWest ahead of third-quarter earnings releases.
- 3Hong Kong deposit growth recorded 9-10% in July and August.
So what's the key point?
BofA Securities selected HSBC as the company to watch most closely this year. This means they expect the company to perform better than others.
Source Investing.com · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.