High-net-worth individuals believe U.S. stocks offer the best opportunities for growing assets, but that conviction is less held by younger investors finds the 2024 Bank of America Private Bank Study of Wealthy Americans. Millennials and Gen Z are increasingly looking beyond the traditional stock and bond markets to build their wealth and are driving demand for everything from investment real estate and private equity to digital assets and gold.
Sunoco and Adient's are part of the Zacks Bull and Bear of the Day article.
Key Insights Given the large stake in the stock by institutions, Bank of America's stock price might be vulnerable to...