3 stocks with growth potential even in times of market volatility according to Bank of America
The stock market is currently experiencing a wave of volatility, with recent price fluctuations causing investors to worry. The S&P 500 reached a new record high last month, but has been on a downward trend ever since. With the release of key economic indicators coming this week, investors remain uncertain whether the economy is headed into recession or whether the Federal Reserve will cut interest rates again.
Despite this uncertainty, analysts at Bank of America remain optimistic about the performance of some stocks, which they believe have the potential to grow by tens of percent. Here are three stocks that could deliver significant gains over the next year, despite the current market uncertainty.
Robinhood Markets $HOOD
In times of market volatility, Robinhood Markets may have the edge. That's because as an online brokerage firm, it benefits from active trades from investors who are trying to gain an edge in a volatile market. Robinhood makes money not through commissions on trades,…