Bank of America, Mattel, and 4 Other Stocks Have Priced in Recession. Buy Them. -- Barrons.com
The Berkshire Hathaway Shareholders Meeting is approaching. Here are the three key points that are worth paying attention to.
The Berkshire Hathaway Shareholder Meeting will be held as scheduled from May 2 to May 3, local time.
May's Must-See Financial Events: Apple & Nvidia Earnings, Berkshire Meeting, Interest Rate Decision, and More
Bank of America Options Spot-On: On April 29th, 117.23K Contracts Were Traded, With 2.94 Million Open Interest
Wells Fargo Stock Gains After $40B Stock Buyback Program
Wall Street Banks sold the final portion of the debt involved in Musk's acquisition of X.
A knowledgeable source said on Monday that a group of banks, including Morgan Stanley, Bank of America, Barclays, and Mitsubishi UFJ Financial Group, has sold the last portion of debt associated with billionaire Elon Musk's acquisition of the social media platform Twitter (X) for 44 billion dollars in 2022. The source added that loans worth 1.2 billion dollars were sold at a discount of 98 cents on the dollar, with a yield of 9.5%. Musk's close relationship with former President Donald Trump, along with the outlook for improved revenues at X, allowed the banks to reduce their holdings of 13 billion dollars related to the debt on their books over nearly two years.
Bank of America Securities: Lowered the Target Price of TECHTRONIC IND to HKD 103, maintaining the Buy rating.
Bank of America Securities released a Research Report stating that TECHTRONIC IND (00669) is on track in revenue and profitability for the first half of the year, but visibility is low for the second half due to tariff impacts. It is expected to return to the right track next year, as the USA will no longer import manufactured products from China. The Target Price for TECHTRONIC IND has been lowered from HKD 125 to HKD 103. Considering the uncertainty of tariffs, the bank believes that a lower valuation multiple should be used for the Target Price. Given the company's strong balance sheet, growth of Milwaukee, and leadership position, the stock maintains a 'Buy' rating. The bank indicated that, on the Consumer side, housing transaction volume still faces challenges. Due to the stability of the high-income demographic and the middle...
Bank of America Securities: China Shenhua Energy's first-quarter net income disappoints expectations, lowering the target price to 32 Hong Kong dollars.
Bank of America Securities released a Research Report stating that China Shenhua Energy (01088) saw its net income fall by 19% to 13.4 billion yuan in the first quarter, missing expectations. The primary reason the quarterly earnings did not meet expectations was due to a more-than-expected drop in the average selling price of Coal. The bank has lowered Shenhua's net income forecast for this year to 2027 by 7% to 12%, reducing the Target Price from 33 Hong Kong dollars to 32 Hong Kong dollars, while maintaining a "Neutral" rating, citing the pressure on earnings from declining Coal prices. However, the company is in a net cash position, and management is committed to returning value to Shareholders. China Shenhua's quarterly revenue fell by 21% year-on-year to 69.6 billion yuan; gross profit decreased by 22% year-on-year to 21 billion yuan.
Bank of America Securities: Raised SD GOLD's Target Price to 26 Hong Kong dollars, reaffirming the "Buy" rating.
Bank of America Securities released a Research Report stating that SD GOLD (01787) achieved a net income of 1 billion RMB in the first quarter of this year, a year-on-year increase of 47%, and a quarter-on-quarter increase of 16%, in line with profit forecasts. Revenue reached 25.9 billion RMB, a year-on-year increase of 37%, and a quarter-on-quarter increase of 67%, primarily driven by rising gold prices. Combining the results for the first quarter of 2025 and the latest forecasts from this bank, it raised its earnings forecast for the fiscal years 2025 to 2027 by 2% to 7%. The Target Price for Listed in Hong Kong was raised from 22 HKD to 26 HKD; this bank reiterated its 'Buy' rating for SD GOLD, based on an optimistic view of gold prices, as well as 202.
BofA Awards Critical Funding for Conservation of Historic Artworks
Warren Buffett's 60-Year Legacy: What to Watch for at Berkshire Hathaway Shareholders Meeting?
Bank of America Asset Management: The valuation of the Bonds market has returned to a normal level, with various categories offering substantial premiums compared to U.S. Treasuries.
Bill Mertz, the head of Capital Markets research at Bank of America Asset Management, pointed out in a report that the current valuation of the bonds market has returned to a more normal range, with several categories of bonds providing significant excess returns over U.S. Treasuries. He noted that, on a tax-equivalent basis, municipal bond yields are 2.8% to 5.6% higher than Treasury bonds, while corporate bond yields, depending on credit ratings, have a premium of 1.0% to 3.8% over Treasury bonds. Mertz stated, "Higher-risk corporate bonds and municipal bonds may experience price volatility, but can generate considerable return in the long run." Additionally, non-institutional mortgage loans and guaranteed loan certificates (
Bank of America Corporation (BAC): Among the Best Fintech Stocks to Buy in 2025
Bank of America Securities: Raised CSPC PHARMA's Target Price to HKD 5.1, rating "Underperform".
Bank of America Securities released a Research Report stating that CSPC PHARMA (01093) main drugs, namely Diphenylhydantoin, Pegylated Recombinant Human Granulocyte Colony-Stimulating Factor, Doxorubicin, and Paclitaxel, recorded sales in February of 0.368 billion yuan, 0.103 billion yuan, 90.8 million yuan, and 30.7 million yuan respectively, with year-on-year declines of 0.6%, 25.3%, 20.6%, and 16.6%, and a month-on-month decline of 40.5%, 41.8%, 29.7%, and 40.1%. Based on the company's performance in February, Bank of America Securities has adjusted its overall sales forecast for the years up to 2027 by 0.5.
Oppenheimer Maintains Bank of America(BAC.US) With Buy Rating, Raises Target Price to $51
Bank of America Options Spot-On: On April 28th, 132.01K Contracts Were Traded, With 3.03 Million Open Interest
Stick With Quality Amid Stocks' Volatility, Says Morgan Stanley
Bank of America Analyst Ratings
Buy the Stocks of Pinterest and 5 Other Companies That Are Buying Back Shares -- Barrons.com
SA Analyst Upgrades: TSLA, INTC, BAC, PLTR, MU, LULU, M, AIG