Capital markets-focused banks are favored as M&A activity and capital markets issuance remain strong, providing an earnings tailwind despite some deposit margin pressure.
Capital markets-focused banks are favored as M&A activity and capital markets issuance remain strong, providing an earnings tailwind despite some deposit margin pressure.
The communication services sector, which houses hyperscalers, looks attractive on valuation, technical, and fundamental metrics and offers exposure to the AI capex cycle.