Here are Wednesday's biggest calls on Wall Street.
Here are Wednesday's biggest calls on Wall Street: Bank of America reiterates Advanced Micro Devices as buy Bank of America said the stock is best positioned following earnings on Tuesday. "We believe AMD is well-positioned in the most attractive parts of the semi market – computing, AI and embedded." JPMorgan reiterates First Solar as overweight The firm said the solar company is still best positioned following earnings on Tuesday.
is relatively best positioned amongst our solar coverage in this regard. remains on Positive Catalyst Watch ahead of the US election on November 5." Bank of America reiterates Alphabet as buy The firm said the "near-term AI benefits outweigh disruption risk" following earnings on Tuesday. "Another quarter of solid results suggest that company-wide Al benefits are outweighing any disruption headwinds and Alphabet is net Al beneficiary..
coming in 57% above the high-end of guidance." Seaport upgrades Alphabet to buy from neutral Seaport upgraded Alphabet following earnings on Tuesday. "Our upgrade is based on: 1) Continued Advertising momentum and we expect continued near-term strength driven in part by AI; 2) Accelerating Cloud growth with cloud strength benefiting from AI adoption.
growth in 2025 without any help from macro or industry factors." Bank of American upgrades KE Holdings to buy from neutral Bank of America said it sees a "cyclical recovery" for the China real estate company.
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