Bank of America Analysts Identify “Triple Momentum” Stocks

Key Points:

– Bank of America analysts have screened for “triple momentum” stocks.
– The analysis is based on three key factors: earnings momentum, price momentum, and positive news momentum.
– Triple momentum stocks are companies that exhibit strong momentum in all three areas.
– The screening process helps identify potential investment opportunities with a higher chance of success.

Hot take:

Bank of America knows how to pick winners! By identifying “triple momentum” stocks based on earnings, price, and positive news, they are giving investors a leg up in finding potential success stories. So, if you’re looking for stocks that are on the rise in multiple areas, Bank of America might just have the answer for you.

Original article: https://www.cnbc.com/2023/08/21/uber-and-more-bofa-names-stocks-with-triple-momentum-.html