The Latest Breaking News from BofA Securities

Kimberly-Clark, a Dividend King with a 52-year dividend growth streak, just received a double upgrade following strong Q1 results, signaling a potential turnaround for the company. With a new consensus 'Buy' rating from analysts, KMB could be a solid addition to your portfolio.

These two Cathie Wood stocks, which have earned a vote of confidence from Bank of America, are sailing past the broader market this year.

SHANGHAI: Foreign investors are steadily marching into China in the wake of Alibaba’s plans to restructure, with money managers reckoning it is the latest sign the national leadership is turning friendlier to business as economic growth gains traction.

Key Takeaways: Atour could become the biggest U.S. IPO by a Chinese firm in more than a year with its latest listing application to raise more than $300 million

FedEx Corp (NYSE: FDX) shares fell last week after the company reported weak preliminary results.

Investor sentiment has suffered dramatically due to the recent market downturn brought on by rising inflation, the Fed's aggressive policy and concerns about the impending economic recession.

Goldman Sachs Group Inc’s (NYSE: GS) stock could outperform other banking stocks, with a worsening economic backdrop adversely impacting the earnings of “the balance sheet lending heavy peers,” according to BofA Securities.

Analysts at BofA Securities initiate coverage of Texas Roadhouse Inc. (NASDAQ: TXRH) and Darden Restaurants Inc.

Despite being a market leader in insulin pen needles and syringes, Embecta Corp (NASDAQ: EMBC) may face challenges ahead, since the markets are already mature and the company has not diversified, according to BofA Securities.