Shares Savings

Analysts at one of the world’s largest bank, Bank of America, have named the most promising shares from the S&P 500. Among the 505 American stocks included in this index, experts have selected one security for each sector.

Since the beginning of the year, the stock market index has risen from 2448 points to 3240 points, that is, growth amounted to 29% over the year. The bank expects the US stock market to continue to grow in 2020 by about 6% from current levels. The target for the S&P 500 index at the end of the year may be a mark of 3,300 points, according to experts at Bank of America. In the next ten years, the stock market will grow by an average of 5% per year.

In their review of the outlook for the US stock market, analysts noted that the risks associated with the trade conflict have decreased, and macroeconomic signals are showing signs of stabilization. Taking into account these factors, the securities that are worth paying attention to in 2020 are: