Bank of America Corporation research report shows that due to the "surge" in inflation mentioned in the earnings conference call of US listed companies, there are three sectors favored by investors.
Specifically, since the company began to report second-quarter results in July,Investors prefer energy, materials and real estate, shifting money to areas that could benefit from rising inflation.
The strategists tracked the flow of Bank of America Corporation's client money in and out of exchange-traded funds (ETF) and individual stocks and found that total inflows were small in the 11 sectors of the S & P 500. A report released Wednesday night shows thatEnergy stocks attract the most capital, while technology stocks outflow the most.The reason is that customers sold a stock in the second quarter earnings season.
Since the beginning of this year, energy, real estate and materials have risen 25%, 33% and 15%, respectively.
Edit / Phoebe