Financial Digest

Best Stocks To Buy Now

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The S&P 500 delivered impressive returns in the first half of 2023. The benchmark index gained nearly 16% in the first two quarters—and it’s firmly in bull market territory since the October 2022 low, all despite rising interest rates, recession fears and a near-meltdown of the regional banking

Wells Fargo is one of the largest U.S. banks. It has more than $1.8 trillion in assets under management.

Bank of America analyst Ebrahim Poonawala says Wells Fargo is attractively valued and has one of the best risk-reward profiles among large cap bank stocks. For each stock included on the list, analysts highlight unique catalysts that are likely to occur before the end of the quarter.

 

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