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As the market begins a new quarter, Bank of America refreshed its list of top picks for the coming months. Here are some of the firm's top picks for the second quarter: Big Tech underperformer Alphabet is one of Bank of America's top 10 picks for the new quarter. The stock added just 8% in the first quarter of 2024 as a series of AI-related blunders bruised investor sentiment. SPOT YTD mountain Spotify shares in 2024 One of the financial stocks featured in Bank of America's top picks list was Citigroup . "A positive inflection in volumes should support low valuation and potentially drive rotation from other consumer staples sub-sectors (Beverages/Household Personal Care) as investors chase underperforming food names," wrote analyst Bryan Spillane.
Persons: Justin Post, Jessica Reif Ehrlich, Ebrahim Poonawala, Kraft Heinz, Bryan Spillane Organizations: Bank of America, Nasdaq, Bank of America's, Microsoft, Google, 2Q, Spotify, Citigroup, Assistance Locations: Thursday's
Wells Fargo raised its price target on Bank of America, now calling for more than 15% upside. Evercore ISI hiked its price target on the consumer products company to $150 per share from $133. Power has a $90 price target on the cloud software stock, implying shares can rally 44.5% in the next year. Forbes' $425 price target implies the stock can climb 43.1% from Wednesday's ending price. Analyst Mike Mayo raised his price target for the bank stock by $4 to $44, implying a 16.4% upside over Wednesday's close.
Persons: Wells Fargo, Clark, Javier Escalante, Escalante, KMB, — Jesse Pound, Jefferies, Portillo's, Andy Barish, Barish, — Brian Evans, Jason Gursky, Wednesday's, shakeup, Gursky, Alex Harring, Baird, William Power, — Alex Harring, Steven Forbes, Forbes, RH, BofA, Cintas, Heather Balsky, Balsky, Robinhood, Alex Markgraff, Markgraff, TD Cowen, John Blackledge, Grindr, Blackledge, It's, it's, Estee Lauder, Bryan Spillane, Spillane, Estee, Tom Ford, Joseph Greff, Greff, FanDuel, Vikram Gandhi, Gandhi, Wells, Bank of America Wells, Mike Mayo, Mayo, Goliath Organizations: CNBC, Bank of America, HSBC, Allstate, Kimberly, Staples, ISI, Citi, Boeing, Alaska Airlines, Dow Jones, UC, Guggenheim, RH's, FactSet, Estee Lauder Bank of America, JPMorgan, Allstate Allstate Locations: Portillo's, Five9, Estee, New Jersey, Wednesday's
If you think chocolate prices this Valentine's Day were more expensive than usual, it's not you. Year to date, futures contracts are up nearly 27%, with cocoa prices rising in six of the past seven weeks. Here's a breakdown of what's driving cocoa prices higher and how it impacts the investment case around two major chocolate stocks. Doshi thinks cocoa prices could sell off about 20%, taking them to around $4,500 to $4,800 per ton. In an interview with CNBC last week, he underscored the rising cocoa price outlook as the key driver for his lower rating.
Persons: Humza Hussain, El, Aakash Doshi, Doshi, Bernstein, Bruno Monteyne, … There's, Mondelez, Alexia Howard, Hershey, Michele Buck, Bernstein's Howard, Howard, I'd, Bryan Spillane, Morgan Stanley, Pamela Kaufman, Bank of America's Spillane Organizations: Asset Management, CNBC, Hershey, Citi, 2H, Street, Bank of America, Bank of, Cadbury Locations: Mondelez, El Niño, Ghana, Ivory, Nigeria, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumers are still reacclimating to what value is, says BofA's Bryan SpillaneBryan Spillane, Bank of America Securities senior food and beverage analyst, joins 'Squawk Box' to discuss PepsiCo's quarterly earnings results, which reported mixed quarterly results as North American demand for its food and drinks weakened, price sensitivity of consumers, and more.
Persons: BofA's Bryan Spillane Bryan Spillane Organizations: Consumers, Bank of America Securities
Ryan Kang/AP Buffalo Bills quarterback Josh Allen and wide receiver Trent Sherfield celebrate after a touchdown against the Miami Dolphins on Sunday, January 7. Matt Krohn/USA Today Network/Reuters New York Jets linebacker Quincy Williams grabs the jersey of Washington Commanders wide receiver Curtis Samuel on December 24. Adam Hunger/AP Indianapolis Colts wide receiver Josh Downs can't make the catch as Atlanta Falcons cornerback Clark Phillips III defends on December 24. Todd Kirkland/Getty Images Philadelphia Eagles wide receiver Olamide Zaccheaus catches a touchdown pass over Buffalo Bills safety Micah Hyde on November 26. Michael Dwyer/AP Las Vegas Raiders wide receiver Davante Adams drops a pass in the end zone on October 22.
Persons: Josh Allen, Tyler Bass, hadn’t, Bass, Bass’s, , Jim Nantz, Josh Reynolds, Craig Reynolds, Junfu, Clyde Edwards, Helaire, Jeffrey T, Barnes, Dre Greenlaw, Emanuel Wilson, Lachlan Cunningham, Lamar Jackson, Sheldon Rankins, Patrick Smith, Jalen, Julio Aguilar, Dawson Knox, Kathryn Riley, Kirby Lee, Jahmyr Gibbs, Rey Del, Jaire Alexander, Ron Jenkins, Dak Prescott, Michael Owens, Patrick Mahomes, DeShon Elliott, Emily Curiel, Christian Harris, Ryan Kang, Trent Sherfield, , Rich Storry, Thomas Hennessy, Brian Fluharty, Micah McFadden, Boston Scott, Adam Hunger, Bill Belichick, Belichick, David Butler II, Tayler Hawkins, Ezra Shaw, Emmanuel Forbes, Mark Schiefelbein, Tyrique Stevenson, Jeffrey Phelps, Mitchell Wilcox, Jeff Dean, Najee Harris, James Conner, Nicholas Morrow, Chris Szagola, Juan Thornhill, Nick Cammett, Wan'Dale Robinson, Jay Biggerstaff, Ifeatu Melifonwu, Matt Krohn, Quincy Williams, Curtis Samuel, Josh Downs, Clark Phillips III, Danny Karnik, George Pickens, Mark 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We’ve, Frank Franklin II, it’s, , “ I’ve, I’ve Organizations: CNN, Buffalo Bills, AFC, Buffalo, Kansas City Chiefs, Super Bowl, Kansas City’s, CBS, Detroit Lions, Lions, Tampa Bay Buccaneers, Ford Field, The Lions, USA, Network, Reuters Kansas City Chiefs, Chiefs, Highmark, Super, Baltimore Ravens, AP San Francisco 49ers, Green, Packers, The 49ers, NFC, Getty, Houston Texans, The Ravens, AFC Championship, Philadelphia Eagles, Eagles, Getty Images Buffalo Bills, Pittsburgh, Bills, Sports Detroit Lions, Los Angeles Rams, Sunday, Rey Del Rio, Green Bay Packers, Dallas Cowboys, NFL, Getty Images, Green Bay, Miami Dolphins, Dolphins, Kansas City Star, Tribune, Service, Getty Images Houston Texans, Cleveland Browns, Texans, Browns, AP Buffalo, Trent, AFC East, New York Jets, The Jets, Reuters New York Giants, Boston, Giants, New England Patriots, Reuters San Francisco 49ers, 49ers, Rams, Getty Images Dallas Cowboys, Cowboys, Chicago Bears, AP Cincinnati Bengals, Bengals, Cincinnati, 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Ron DeSantis suspended his Republican presidential campaign on Sunday, ending his 2024 White House bid just before the New Hampshire primary while endorsing his bitter rival Donald Trump. Ambassador Nikki Haley as the last major candidates remaining in the race ahead of Tuesday’s New Hampshire primary. “Option A: Nikki Haley drops out, unites behind President Trump, and commits to defeating Joe Biden," they wrote. “Option B: Nikki Haley prepares to be absolutely DEMOLISHED and EMBARRASSED in her home state of South Carolina," which votes on Feb. 24. Rep. James James Spillane, of Deerfield, said he had initially backed Trump, switched to DeSantis and will now vote for Trump.
Persons: Ron DeSantis, Donald Trump, Trump, Nikki Haley, DeSantis, Haley —, ” DeSantis, , Haley, he’s, it’s, “ DeSantis, DeSantis ’, I’ve, Anthony Fauci, Joe Biden, , Chip Roy, ” Trump, Chris LaCivita, Susie Wiles, Ron, Ron DeSanctimonious ”, James James Spillane, Lisa Mascaro, Thomas Beaumont, Michelle L, Price Organizations: MANCHESTER, , — Florida Gov, Republican, New, GOP, Trump, Republican Party, Sunday, New Hampshire Sunday, New Hampshire, Manchester, Associated Press Locations: N.H, — Florida, New Hampshire, Tuesday’s, Hampshire, Seabrook , New Hampshire, Iowa, Florida, South Carolina, Trump, Texas, United States, New, Manchester, Deerfield, Washington, Des Moines , Iowa, Manchester , New Hampshire
Even the helmet of Chiefs quarterback Patrick Mahomes broke in the tundra like conditions. Matt Krohn/USA Today Network/Reuters New York Jets linebacker Quincy Williams grabs the jersey of Washington Commanders wide receiver Curtis Samuel on December 24. Adam Hunger/AP Indianapolis Colts wide receiver Josh Downs can't make the catch as Atlanta Falcons cornerback Clark Phillips III defends on December 24. Michael Dwyer/AP Las Vegas Raiders wide receiver Davante Adams drops a pass in the end zone on October 22. It’s extreme temperatures.”What can be doneFor the Chiefs-Dolphins game, Kansas allowed spectators to bring blankets into Arrowhead Stadium, and there were warming stations and hot chocolate available to purchase.
Persons: Andy, shivers, Michael Hopkins, , Hopkins, Patrick Mahomes, Mahomes, Jay Biggerstaff, , ” Marshall Shepherd, Jalen, Julio Aguilar, Dawson Knox, Kathryn Riley, Kirby Lee, Jahmyr Gibbs, Rey Del, Jaire Alexander, Ron Jenkins, Dak Prescott, Michael Owens, DeShon Elliott, Emily Curiel, Christian Harris, Ryan Kang, Josh Allen, Trent Sherfield, , Rich Storry, Thomas Hennessy, Brian Fluharty, Micah McFadden, Boston Scott, Adam Hunger, Bill Belichick, Belichick, David Butler II, Tayler Hawkins, Ezra Shaw, Emmanuel Forbes, Mark Schiefelbein, Tyrique Stevenson, Jeffrey Phelps, Mitchell Wilcox, Jeff Dean, Najee Harris, Lamar Jackson, Patrick Smith, James Conner, Nicholas Morrow, Chris Szagola, Juan Thornhill, Nick Cammett, Wan'Dale Robinson, Ifeatu Melifonwu, Matt Krohn, Quincy Williams, Curtis Samuel, Josh Downs, Clark Phillips III, Danny Karnik, George Pickens, Mark Alberti, Chamarri Conner, Charles Omenihu, Nick Bolton of, Ezekiel Elliott, Sarah Stier, Raheem Mostert, Lauren Sopourn, Desmond Ridder, Jared C, Tilton, Bradley Chubb, Zach Wilson, Sam Navarro, Tommy DeVito, Chris Graythen, Sam LaPorta, Brandon Staley, Staley, Tom Telesco, Sean M, DeAndre Hopkins, Moore, Quinn Harris, Jake Ferguson, Kelee Ringo, Sam Hodde, Jamie Squire, Kevin C, Cox, Tylan Wallace, Wallace's, David Tulis, Nick Bosa, Drew Lock, Lock, Geno Smith, Trevor Lawrence, David Rosenblum, Brock Purdy, Matt Slocum, Tim Boyle, Al Bello, Roger McCreary, Trey Sermon, Andy Lyons, Brandon Aiyuk, Eric Hartline, Courtland Sutton, Eric Christian Smith, Jamal Adams, Roger Steinman, Ian Johnson, Tyler Allgeier, Todd Kirkland, Micah Hyde, Jevon Holland, Tim Boyle's, Mary, Holland, Chris Pedota, Jerome Miron, Reuters Christian Watson, Lauren Leigh Bacho, Marquez Valdes, David Eulitt, Devon Witherspoon, Matthew Stafford, Mark J, Terrill, Joe Burrow, Aaron M, Julian Blackmon, Nathan Ray Seebeck, Reed, Joey Porter Jr, Joe Sargent, Kyler Murray, Mike Christy, Tristan Wirfs, Chris O'Meara, Austin Ekeler, Detroit's Aidan Hutchinson, Derrick Barnes, Jack Campbell, Harry, Demario Douglas, Kenny Moore II, Steve Luciano, Noah Sewell, Kirill Kudryavtsev, Joshua Dobbs, Dobbs, Kevin Sabitus, Cooper Neill, Daniel Jones grimaces, John Locher, Cole Kmet, Tyrann Mathieu, Wesley Hitt, Jaylen Warren, Tre Avery, Joe Robbins, Ja'Quan McMillian, Justin Edmonds, Will Levis, Levis, George Walker IV, Brown, Benjamin St, Juste, Alex Brandon, Zack Moss, Michael Conroy, Jack Dempsey, Irv Smith Jr, Talanoa Hufanga, Josie Lepe, Dalton Kincaid, Rich Barnes, Sean McDermott, Michael Dwyer, Davante Adams, Jamie Sabau, Younghoe Koo, Javonte Williams, Darnell Savage, Jonathan Taylor, Trevor Ruszkowski, Charlie Riedel, Brock Purdy scrambles, Jeremiah Owusu, Sue Ogrocki, CJ Henderson, Mostert, Lynne Sladky, Justin Fields, Dick Butkus, Butkus, Todd Rosenberg, Christian Rozeboom, Tony Ding, DeVonta Smith, Robert Spillane, David Becker, Paul Sancya, Dustin Bradford, KaVontae Turpin, Henderson, Matt Durisko, Chase, Marco Wilson, Joe Camporeale, Khalil Mack, Mack, Gregory Trott, Justin Setterfield, Brian Robinson Jr, Mitchell Leff, Damar Hamlin, Hamlin, Adrian Kraus, Evan McPherson, McPherson, Amon, Ra St, Braxton Berrios, Christian Wilkins, Rebecca Blackwell, Amari Cooper, Andrew Nelles, Evan Vucci, Taylor Swift, Travis Kelce, Swift, Alie, Tavius Robinson, Brent Skeen, Isaac Yiadom, Dan Powers, Rick Osentoski, Elijah Mitchell, Cary Edmondson, Nick Chubb grimaces, Aaron Rodgers, Michael Ainsworth, Lawrence, Sam Greenwood, Michael Wilson, Jason Pinnock, Matt York, Noah Gray, Leonard Floyd, Rodgers, Elsa, Christian McCaffrey, Justin K, Jakobi Meyers, Damarri Mathis, Ron Chenoy, Grant Delpit, Nick Wosika, JK Scott, Zay Flowers, Randy Litzinger, T.J, Watt, Matt Freed, Scott Winters, Shepherd, ” Shepherd, , Andy Reid Organizations: CNN, Arrowhead, Kansas City Chiefs, Miami Dolphins, Kansas City Fire Department, Reuters, Buffalo Bills, Pittsburgh Steelers, University of Georgia, CNN Sport, ” Philadelphia Eagles, Tampa Bay Buccaneers, Eagles, NFC, Getty Images Buffalo Bills, Pittsburgh, Bills, USA, Sports Detroit Lions, Lions, Los Angeles Rams, Sunday, Rey Del Rio, Green Bay Packers, Packers, Dallas Cowboys, NFL, Getty Images, Green Bay, Chiefs, Dolphins, Kansas City Star, Tribune, Service, Getty Images Houston Texans, Cleveland Browns, Texans, Browns, AP Buffalo, Trent, AFC East, New York Jets, The Jets, Network, Reuters New York Giants, Philadelphia Eagles, Boston, Giants, New England Patriots, Reuters San Francisco 49ers, 49ers, Rams, Getty Images Dallas Cowboys, Cowboys, Chicago Bears, AP Cincinnati Bengals, Bengals, Cincinnati, Cleveland, AP Pittsburgh Steelers, Steelers, Baltimore Ravens, Ravens, AFC, Getty Images Arizona Cardinals, Cardinals, AP Cleveland Browns, Jets, New York Giants, AP Kansas City Chiefs, Las Vegas Raiders, AFC West, Reuters Detroit Lions, Minnesota Vikings, The Lions, Reuters New York Jets, Washington, AP Indianapolis Colts, Atlanta Falcons, Falcons, Cincinnati 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Matt Krohn/USA Today Network/Reuters New York Jets linebacker Quincy Williams grabs the jersey of Washington Commanders wide receiver Curtis Samuel on December 24. Adam Hunger/AP Indianapolis Colts wide receiver Josh Downs can't make the catch as Atlanta Falcons cornerback Clark Phillips III defends on December 24. Nathan Ray Seebeck/USA Today Network/Reuters Green Bay Packers wide receiver Jayden Reed stiff arms Joey Porter Jr. of the Pittsburgh Steelers on November 12. Michael Conroy/AP Kansas City Chiefs quarterback Patrick Mahomes walks off the field after the Chiefs' loss to the Denver Broncos on October 29. Michael Dwyer/AP Las Vegas Raiders wide receiver Davante Adams drops a pass in the end zone on October 22.
Persons: , Mike McCarthy’s, Dallas hadn’t, Jordan Love, Aaron Jones, Love, Doubs, Luke Musgrave, Dontayvion Wicks, Jones, , “ Jordan, Matt LaFleur, … I’m, Dak Prescott, Prescott, Darnell Savage, Aaron Rodgers, ” Love, Jerry Jones, McCarthy, Jones –, “ He’s, , I’ve, they’ve, Jahmyr Gibbs, Rey Del, Jaire Alexander, Ron Jenkins, Michael Owens, Patrick Mahomes, DeShon Elliott, Emily Curiel, Christian Harris, Ryan Kang, Josh Allen, Trent Sherfield, , Rich Storry, Thomas Hennessy, Brian Fluharty, Micah McFadden, Boston Scott, Adam Hunger, Bill Belichick, Belichick, David Butler II, Tayler Hawkins, Ezra Shaw, Emmanuel Forbes, Mark Schiefelbein, Tyrique Stevenson, Jeffrey Phelps, Mitchell Wilcox, Jeff Dean, Najee Harris, Lamar Jackson, Patrick Smith, James Conner, Nicholas Morrow, Chris Szagola, Juan Thornhill, Nick Cammett, Wan'Dale Robinson, Jay Biggerstaff, Ifeatu Melifonwu, Matt Krohn, Quincy Williams, Curtis Samuel, Josh Downs, Clark Phillips III, Danny Karnik, George Pickens, Mark Alberti, Chamarri Conner, Charles Omenihu, Nick Bolton of, Ezekiel Elliott, Sarah Stier, Raheem Mostert, Lauren Sopourn, Desmond Ridder, Jared C, Tilton, Bradley Chubb, Zach Wilson, Sam Navarro, Tommy DeVito, Chris Graythen, Sam LaPorta, Brandon Staley, Staley, Tom Telesco, Sean M, DeAndre Hopkins, Moore, Quinn Harris, Jake Ferguson, Kelee Ringo, Sam Hodde, Jamie Squire, Kevin C, Cox, Tylan Wallace, Wallace's, David Tulis, Nick Bosa, Drew Lock, Lock, Geno Smith, Trevor Lawrence, David Rosenblum, Brock Purdy, Matt Slocum, Tim Boyle, Al Bello, Roger McCreary, Trey Sermon, Andy Lyons, Brandon Aiyuk, Eric Hartline, Courtland Sutton, Eric Christian Smith, Jamal Adams, Roger Steinman, Jalen, Ian Johnson, Tyler Allgeier, Todd Kirkland, Micah Hyde, Jevon Holland, Tim Boyle's, Mary, Holland, Chris Pedota, Jerome Miron, Reuters Christian Watson, Lauren Leigh Bacho, Marquez Valdes, David Eulitt, Devon Witherspoon, Matthew Stafford, Mark J, Terrill, Joe Burrow, Aaron M, Julian Blackmon, Nathan Ray 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Kathryn Riley, Robert Spillane, David Becker, Paul Sancya, Dustin Bradford, KaVontae Turpin, Henderson, Matt Durisko, Chase, Marco Wilson, Joe Camporeale, Khalil Mack, Mack, Gregory Trott, Justin Setterfield, Brian Robinson Jr, Mitchell Leff, Damar Hamlin, Hamlin, Adrian Kraus, Evan McPherson, McPherson, Amon, Ra St, Braxton Berrios, Christian Wilkins, Rebecca Blackwell, Amari Cooper, Andrew Nelles, Evan Vucci, Taylor Swift, Travis Kelce, Swift, Alie, Tavius Robinson, Brent Skeen, Isaac Yiadom, Dan Powers, Rick Osentoski, Elijah Mitchell, Cary Edmondson, Nick Chubb grimaces, Michael Ainsworth, Lawrence, Sam Greenwood, Michael Wilson, Jason Pinnock, Matt York, Noah Gray, Leonard Floyd, Rodgers, Elsa, Christian McCaffrey, Justin K, Jakobi Meyers, Damarri Mathis, Ron Chenoy, Grant Delpit, Nick Wosika, JK Scott, Kirby Lee, Zay Flowers, Randy Litzinger, T.J, Watt, Matt Freed, Jared Goff, Stafford, Goff, Brett Maher, ” Goff, It’s, ” Stafford, I’m, Nacua Organizations: CNN, Green Bay Packers, 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LAS VEGAS (AP) — On a night when Josh Jacobs finally ended his 100-yard dry spell, he couldn't quite forget the fumble that gave the New York Jets life late in the game. Political Cartoons View All 1240 ImagesThe Raiders (5-5) improved to 2-0 under interim coach Antonio Pierce, who replaced Josh McDaniels. “He's not a rookie,” said Davante Adams, who led the Raiders with six catches for 86 yards. Daniel Carlson made his second field goal, a 54-yarder on the final play of the first half, to get the Raiders to 9-6. CB Amik Robertson suffered a concussion early in the second quarter trying to tackle Hall.
Persons: Josh Jacobs, , Jacobs, Robert Spillane, Zach Wilson’s, “ There's, ” Spillane, Antonio Pierce, Josh McDaniels, , ” Pierce, ” Jacobs, Aidan O'Connell, Michael Mayer, Mike Rae, “ He's, Davante Adams, O'Connell, Mayer, Jordan Whitehead, Zach Wilson, Garrett Wilson, Greg Zuerlein, Zuerlein, we’re, Robert Saleh, Daniel Carlson, DeAndre Carter, Carlson, O’Connell, Pierce, Mosley, Saleh, LB Sam Eguavoen, LT Kolton Miller, Jermaine Eluemunor, Thayer Munford, Marcus Peters, Amik Robertson Organizations: LAS VEGAS, New York Jets, Las Vegas Raiders, Las Vegas, Raiders, New York Giants, Jets, ” Jets, Breece, LB C.J, LB, LT, RT, Hall, UP NEXT Jets, AFC East, Miami Locations: , New York, Buffalo
LAS VEGAS (AP) — Robert Spillane intercepted Green Bay's Jordan Love twice, Amik Robertson made a game-sealing pick in the end zone, and the Las Vegas Raiders beat the Packers 17-13 on Monday night to stop a three-game skid. The franchise last beat Green Bay in 1987 when it played in Los Angeles. Later in the third quarter, Green Bay failed to take advantage of a short field. But Green Bay had to settle for a chip-shot field goal to go ahead 13-10. ... Packers LB Quay Walker (knee) and S Darnell Savage (calf) were injured in the second quarter.
Persons: — Robert Spillane, Green Bay's Jordan Love, Amik Robertson, Jimmy Garoppolo, Jakobi Meyers, Love, Meyers, Rudy Ford's, AJ Dillon's, Christian Watson, , Josh Jacobs, Al Davis, , Jaire Alexander, S Darnell Savage, Nate Hobbs, Jakorian Bennett, Josh McDaniels, Bill Belichick, ___ Organizations: LAS VEGAS, Las Vegas Raiders, Packers, Raiders, NFL, The Raiders, Green Bay, New, New Orleans Saints, Detroit Lions, Las Vegas, GOLDEN, Vegas Golden Knights, Knights, Seattle, Packers LB Quay, UP NEXT Packers, Denver, New England Patriots Locations: Las Vegas, Green, Los Angeles, Garoppolo, New Orleans, Las
Bank of America's top stock ideas for the 4th quarter
  + stars: | 2023-10-02 | by ( Brian Evans | ) www.cnbc.com   time to read: +6 min
Here's what stocks Bank of America is watching for the quarter ahead. Here's what stocks Bank of America is watching for the quarter ahead. Stock Chart Icon Stock chart icon Boeing stock. Stock Chart Icon Stock chart icon CSX Corp stock. Stock Chart Icon Stock chart icon Kraft Heinz stock has declined more than 17% so far in 2023.
Persons: Ronald Epstein, Dave Calhoun, Joseph Hinrichs, Ken Hoexter, Kraft Heinz, Carlos Abrams, Rivera, Bryan Spillane, — CNBC's Michael Bloom, Eduardo Munoz Organizations: of America, Nasdaq, Dow Jones, Bank of America, BofA Securities, Aerospace, Boeing, CSX, Bank of America's, CSX Corp, 3Q, North, Kraft, View, Getty Images Bank of America, Bank of, Bank of America Securities Aerospace behemoth Boeing Locations: U.S, New York
Walter Mosley Thinks America Is Getting Dumber
  + stars: | 2023-02-06 | by ( David Marchese | ) www.nytimes.com   time to read: +17 min
Mamadi Doumbouya for The New York Times Talk Walter Mosley Thinks America Is Getting DumberWalter Mosley is best known as one of contemporary literature’s pre-eminent crime novelists, but he’s actually four or five different writers rolled into one. You have to tell stories about real people experiencing it and not real people with a Ph.D. People who are not stupid but ignorant, who don’t know things about the world. There are people who don’t know how to spell, they don’t know how to think. You have these people coming out into the world, and they don’t know what to do. That’s going to happen.
As the new calendar year kicks off, Bank of America is recommending several stocks to bet on in the new quarter. That market volatility is far from over, with Bank of America expecting little upside for the S & P 500 in 2023. Here are some of the stocks included: Consumer discretionary stocks suffered in 2022 as fears of a slowdown in spending loomed. Bank of America expects those tailwinds to continue, projecting more than 12% upside for the Ivory soap maker, compared with Friday's close. Humana was another 2022 outperformer that Bank of America recommends for the first quarter, with shares rallying more than 10% last year.
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