2015年全美研究团队：银行/大帽，第2号：Matthew Oconnor

在第二年的2号职位上运行是马修o'connor.德意志银行证券。他注意到，一款改进的宏观背景与第二季度与第二季度匹配或略显预期的股票的结果相结合，今年早些时候在股份中产生了反弹。在拖延对令人沮丧的中国经济和今年夏天的普通市场销售令人担忧之前，该集团发布了1月份低点的21.2％，最低点500指数下跌15.1个百分点。这些股票随后在7月下旬和9月中旬之间削弱了13.9％，落后于6.5个百分点。“We prefer universal banks over brokerages, given additional cost cuts, leverage to rising rates and higher leverage ratios — which will be included in the [Federal Reserve’s] Comprehensive Capital Analysis and Review starting in 2017,” says O’Connor, 40. Charlotte, North Carolina–based Bank of America Corp. is his top pick, earning a buy rating and a price target of $20. The bank holding company appeals on many fronts, he explains, including leverage to higher interest rates, the alleviation over the next six months of capital concerns related to CCAR and Basel III regulatory frameworks, a likely additional round of cost cutting and an attractive valuation. “Core revenue may remain sluggish, but we expect further declines in both core and legacy expenses to mute this impact,” he adds. Bank of America’s stock closed in mid-September at $15.56.