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The S & P 500 touched a new all-time high on Thursday.
Bank of America's analysis favors stocks with above-market but not excessive dividend yields in stagflation.
KEY POINTS
- PepsiCo saw North American food volume grow for the first time in two years after price cuts.
- Citizens Financial forecasts 3% to 4% net interest income growth for the current quarter.
- Bank of America's screen of the Russell 1000 excludes the highest-yielding, potentially distressed, stocks.
COMPANIES
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