Bank Of America Bullish On Technology Sector

By | July 14, 2015

Scalper1 News

Bank of America-Merrill Lynch is bullish on technology stocks, saying the sector will gain from global economic growth as well as growth in such markets as cybersecurity, the Internet of Things, cloud computing, social media and Big Data. “Technology, the largest sector in the stock market, has underperformed the S&P 500 this year, but has generated a positive return and is the fourth-best performing,” said Bank of America in a research report. Scalper1 News

Scalper1 News