BofA’s Hartnett Says Midcaps Are Best Play Ahead of US Midterms
Yahoo Finance·2026-02-06 19:30
US small- and mid-cap stocks are the best bets ahead of midterm elections as technology heavyweights lose their appeal, according to strategists at Bank of America Corp. The team led by Michael Hartnett said that President Donald Trump’s “aggressive intervention” to reduce the price of energy, health care, credit, housing and electricity is weighing on sectors including energy giants, drugmakers, banks and big tech. That makes smaller stocks the main beneficiary from a “boom” in the run-up to US midterms. ...