HSBC upgrades US stocks to buy amid earnings growth and easing geopolitical risks
Updated
Updated · Bloomberg · Apr 28
HSBC upgrades US stocks to buy amid earnings growth and easing geopolitical risks
6 articles · Updated · Bloomberg · Apr 28
Strategist Alastair Pinder expects US corporate profits to rise 14% year-on-year for the March quarter, the fastest since 2024.
HSBC cites a decisive positive turn in earnings momentum and signs of a ceasefire reducing geopolitical tensions as key drivers for the upgrade.
The improved outlook shifts investor focus back to fundamentals, with US equities benefiting from both strong profit growth and a more stable global environment.
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