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Bank of America has identified a major discount in the stock market that’s about to get even more enticing





  • The sell-off in stocks has cheapened the market.
  • Ahead of the all-important earnings season, quant strategists at Bank of America Merrill Lynch say one sector on the S&P 500 outranks every other in their model.

Here’s one benefit of the stock market’s decline this year: it’s cheaper to buy.

And according to quant strategists at Bank of America Merrill Lynch, no sector looks better than technology.

The S&P 500 Information Technology sector has declined by more than 5% since January 21, when the stock market peaked, although it’s still green for the year. The drop has been due to read more >>>

Source:: BusinessInsider.Com

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