Bank of America Merrill Lynch

Chip stocks are being hit by the double whammy of trade tensions and a lackluster semiconductor industry cycle, although some in the sector did manage to report forecast-beating results. NVIDIA Corporation (NASDAQ: NVDA) is the last of the major chip companies to unveil its quarterly results, with...

Parents stocking up on back-to-school items might also want to pick up a few back-to-school stocks. Bank of America Merrill Lynch on Monday had an upbeat take on three retailers where parents are likely to be looking for start-of-school buys.  Five Below Inc (NASDAQ: FIVE) As a discount...

Shares of lithium producer Livent Corp (NYSE: LTHM) gained more than 30% after hosting a bullish second-quarter conference call, but one analyst is skeptical on the company's outlook. The Analyst Bank of America Merrill Lynch's Steve Byrne downgraded Livent from Neutral to Underperform...

The S&P 500 is down 3.3% in the past two weeks on trade war fears and concerns of a global economic slowdown. The Analyst Despite the volatility, Bank of America Merrill Lynch analyst Savita Subramanian reiterated a year-end price target for the S&P 500 of 2,900. The analyst said the...

CBS Corporation (NYSE: CBS) reported strong second-quarter earnings on continued subscriber gains for its streaming platforms and good ad sales, but the growth remains overshadowed by the unsettled picture around the company’s possible merger with Viacom Inc. (NASDAQ: VIAB). “Cloudy...

Although Dropbox Inc (NASDAQ: DBX) reported mixed results for the second quarter, the stock has catalysts ahead, according to Bank of America Merrill Lynch. The Analyst Justin Post maintained a Buy rating on Dropbox with a $33 price target.  The Thesis Dropbox reported second-quarter...

Uber Technologies Inc (NYSE: UBER) disappointed investors by missing top- and bottom-line expectations Thursday, but several sell-side analysts found reasons to remain bullish on the stock. Uber reported a second-quarter loss per share of $4.72, larger than expected, on lower-than-anticipated...

Recent media reports suggest that Broadcom Inc (NASDAQ: AVGO) could be nearing a $10-billion deal for Symantec Corporation (NASDAQ: SYMC)'s enterprise security business. Although the concerns around growth and Symantec’s relative instability remain, Broadcom has a strong M&A track...

ON Semiconductor Corp (NASDAQ: ON) shares were trading lower Tuesday after the company reported a mixed second quarter. ON reported in-line EPS of 42 cents, but revenue declined 7% to $1.348 billion, short of analyst expectations. ON said demand in China and the rest of Asia is weak as the trade...

Apple Inc. (NASDAQ: AAPL) is the “poster child” for companies hit by the U.S.-China trade war, and new tariffs announced by President Donald Trump will weigh on shares, but Cupertino should be able to weather the cost increases the new tariffs will likely bring, analysts said. It might...

Thomson Reuters Corp (NYSE: TRI) has sold 55% of its stake in Refinitiv to Blackstone Group (NYSE: BX). While the sale makes Thomson Reuters a “cleaner, faster growth story that should be a solid defensive compounder over time,” the news already seems priced in and leaving little room...

IAA Inc. (NYSE: IAA) has rallied 8% in the past week and is now up 18% since it split off from KAR Auction Services, Inc. (NYSE: KAR) in late June. The salvage auction stock is on fire — along with other trucking stocks — in the past two days, Bank of America Merrill Lynch analyst Ken...

Few companies in the world can succeed in making up their own holiday to jolt sales. One of those companies is Amazon.com, Inc. (NASDAQ: AMZN) whose annual "Prime Day" sale kickstarts Monday. With the stock trading close to a $1-trillion valuation, the company may feel some pressure from...

Over the past few years, net interest income (NII) has been Charles Schwab Corporation’s (NYSE: SCHW) revenue growth engine. With Fed rate cuts now on the horizon, the company’s revenue outlook looks murkier, according to Bank of America Merrill Lynch. The Analyst BofA’s Michael...