Utilities are now hottest trade of 2024, and Bank of America says keep buying instead of tech

Savita Subramanian, the firm's head of equity and quantitative strategy, expects "quality and income are the new growth and P/E expansion."

Sep 10, 2024 - 06:00
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Utilities are now hottest trade of 2024, and Bank of America says keep buying instead of tech
Savita Subramanian, the firm's head of equity and quantitative strategy, expects "quality and income are the new growth and P/E expansion."