Bank of America Merrill Lynch includes Dell Technologies and Amazon in its US stock top picks list, while Anno Electronics is removed
The Bank of America adjusted its "US 1 List" of US stocks on Wednesday. The "US 1 List" gathers the best investment targets of this investment bank from its "buy" rated stocks. Specifically, Dell Technologies has been added to the list. The stock price has risen by 91% so far this year and by 162% over the past year, partly driven by the surge in artificial intelligence spending. Amazon has once again made it onto the list. In addition, the electronic product manufacturer Anno Electronics has been removed from the list
According to the financial news app Zhitong Finance, Bank of America adjusted its "US 1 List" of US stocks on Wednesday. The "US 1 List" gathers the best investment targets of stocks rated as "buy" by this investment bank. Specifically, Dell Technologies (DELL.US) has been added to the list. The stock price has risen by 91% so far this year and by 162% over the past year, partly driven by the boom in artificial intelligence spending. Amazon (AMZN.US) has once again been included in this list. In addition, electronic product manufacturer Anixter International (APH.US) has been removed from the list