Bank of America added Tesla to a list for stocks it describes as richly priced and recently behind the market. The list seeks rebound chances, and reports no change to Tesla's business.
The label reflects recent share performance and the bank's view of prices, not a change to Tesla's cars, sales, or plans. The list also looks for possible rebounds among companies that have lagged, so the story alone does not shift Tesla's outlook.
Bank of America added Broadcom to a list for stocks it describes as richly priced and recently behind the market. The list seeks rebound chances, and reports no change to Broadcom's business.
Bank of America added IBM to a list for stocks it describes as richly priced and recently behind the market. The list seeks rebound chances, and reports no change to IBM's business.
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