Further rate cuts by the Fed should open up opportunities for investors, the fund giant said.
Government spending, AI and a healthier global economy will spur equity growth, firm strategists said.
Fund managers across a BofA survey said they expect U.S. stocks to be the best-performing asset class next year.
Now that Trump is president-elect, Musk's companies are hot properties among the retail investing crowd.
The call comes after the broad equities benchmark posted its best week in the last 12 months.
The market strategist sees Trump quickly lowering corporate taxes from 21% to 15%.
Analysts expect earnings to jump 13% next year in the biggest increase since 2021.
Cigna said it was focused on buying back its own shares.
The firm's model portfolio team is increasing its overweight on stocks from 3% to 4%.
Small-cap stocks rallied last week and stand to benefit from heightened protectionism.
The company exaggerated the level of fund assets devoted to ESG strategies, the regulator said.
The threat of tariffs is seen as complicating Beijing's efforts to revive the economy and lift market sentiment.
The chipmaker's biggest customers all pledged to pump more into capital spending.
History shows the bull market is “still an infant,” a firm strategists says.
The Canvas custom indexing platform allows advisors to build their own direct indexing portfolios.
Both U.S. presidential candidates have promised to change the prevailing regime for companies, affecting their bottom lines.
The S&P 500 has gained about 20% this year after surging nearly 25% in 2023.
Berkshire cut its holdings in the iPhone maker by roughly 25% in the third quarter.
The manager said the theme will "work in spades" as the U.S. rebuilds its manufacturing base.
A red sweep would drive inflation and interest-rate hikes, strategist Michael Hartnett said.