The post Bank stocks and not Bitcoin are the top play for 2025 – Wall Street appeared on BitcoinEthereumNews.com.

Wall Street strategists are rallying around bank stocks as the top investment choice heading into 2025. The optimism is fueled by several key factors: a robust US economy, expectations of deregulation under President-elect Donald Trump, competitive valuations, and lower interest rates Investment teams from major firms like Deutsche Bank, Goldman Sachs, UBS, Barclays, Société Générale, and JPMorgan Chase have all advised prioritizing stocks and equities for the coming year.  High-profile analysts such as Savita Subramanian of Bank of America, Brian Belski of BMO, and Chris Harvey of Wells Fargo are among those emphasizing the appeal of financial stocks. In a recent client note, Harvey highlighted the sector’s undervaluation, urging money managers to shift their focus to financial stocks. Similarly, Belski’s 2025 outlook reiterates that financials remain “drastically unloved” despite strong earnings growth forecasts and attractive pricing. US stocks lead global markets Wall Street analysts broadly agree on maintaining a preference for large US companies. The S&P 500 index is on track to deliver an exceptional total return exceeding 25% for a second consecutive year, a feat economists say is rarely seen. Wall Street’s 2025 outlook for stocks 🔭 https://t.co/C1UoOm274S pic.twitter.com/uH6Of7zMux — TKer (@TKerLLC) December 8, 2024 Some analysts have acknowledged opportunities abroad, but most see the US market as the cornerstone for growth, especially as leadership shifts away from Big Tech toward sectors such as financials and utilities. US stocks now account for more than half of the global equity market’s value, their highest share since late 2001. According to FactSet data, the heightened market activity is driven by superior earnings growth among the largest American firms. Barclays’ chief US equity strategist, Venu Krishna, noted that the earnings outlook remains robust, with Big Tech still leading growth while other sectors slowly gain traction. The Trump administration’s proposed tax cuts and…

---

Filed under: News - @ December 18, 2024 10:21 am