Hiroshi Watanabe
BofA's global Triple Momentum monitor assesses the strongest for insurance (KIE), (IAK), banks (KBE) and diversified financials (XLF), (VFH), and the weakest for energy (XLE), consumer staples (XLP) and materials (XLB).
BofA's Triple Momentum analysis covers stocks and sectors with above average earnings momentum, price momentum and news momentum.
In the US alone, banks (KBE) are the most valued, followed by insurance companies (KIE), (IAK), semiconductors (SMH), (SOXX), (XSD) and diversified financial services (XLF), (VFH).
These are the top-ranked global Triple Momentum stocks:
- Hon Hai Precision Industry Co. (OTCPK:HNHAF)
- NatWest Group (NWG)
- GE Vernova Inc. (GEV)
- Otsuka Holdings Securities Company (OTCPK:OTSKF)
- Recruit Holdings Company (OTCPK:RCRRF)
- Tokio Marine Holdings (OTCPK:TKOMY)
- Tokyo Electron Ltd. (OTCPK:TOELY)
- Severn Trent (OTCPK:SVTRF)
- Bharti Airtel Limited (BHRQY)
- Intesa Sanpaolo SpA (OTCPK:ISNPY)
- CaixaBank SA (OTCPK:CAIXY)
- Advantest Corp. (OTCPK:ATEYY)
- Singapore Telecom (OTCPK:SGAPY)
- Dai-ichi Life Holdings (OTCPK: DCNSF)
- Xiaomi Corp. (OTCPK:XIACF)
In the US, the stocks with the most positive momentum in terms of earnings, price and news are:
- Eli Lilly and Company (LLY)
- Broadcom Inc. (AVGO)
- JPMorgan Chase (JPM)
- Oracle Corp. (ORCL)
- Apple Inc. (AAPL)
- Meta Platforms (META)
