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隨著“新世界秩序”建立,美國銀行推薦了50只現(xiàn)在值得買入的股票

DECLAN HARTY
2022-06-13

投資者需要充分意識到,,全球正在發(fā)生一系列更深層次的轉變,。

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華爾街投資者如今正面臨一個新世界。

俄烏戰(zhàn)爭突然爆發(fā),。美國對經(jīng)濟衰退的擔憂日益加劇,。在收益爆炸式增長的繁榮期結束之后,美國公司陷入混亂,,有些公司現(xiàn)在正在努力重新站穩(wěn)腳跟,。但這只是冰山一角。

美國銀行(Bank of America)認為,,投資者需要充分意識到,,全球正在發(fā)生一系列更深層次的轉變。例如,,到2030年,,全球近四十多個城市的人口將至少達到1,000萬人,這將加劇對氣候的威脅,。到2050年,,65歲及以上人口將增加一倍以上。到2057年,,經(jīng)過多年的出生率下降,,全球兒童人口預計將達到21億人,七年后全球可能將達到“人口高峰期”,。

由美國銀行主題投資總監(jiān)哈伊姆·以色列領導的分析師團隊在6月8日發(fā)表的一份報告中寫道:“未來幾年,,世界將發(fā)生翻天覆地的變化。不只是全球人口的增長(或減少),,還有人口結構的快速變化,。”

這充分代表了該華爾街銀行所說的“變革的世界”,,最終必定會形成“新的世界秩序”,,從城市到政治制度當然還有公司都將受到影響。那么,,投資者該如何應對,?美國銀行提出了一些建議,確切地說是推薦了50只股票,。下文分析了美國銀行的報告中提出的幾個熱門主題板塊以及分析師們看好的股票:

與人類社會年齡結構變化有關的股票

美國銀行表示,,過去半個世紀,,全世界經(jīng)歷了飛速增長期,帶動全球人口數(shù)量增加了一倍以上,。而且人口增長并未結束,。

據(jù)聯(lián)合國預測,到2100年,,全球人口很有可能達到約110億人的最高峰,。目前全球人口約為79億人。然而,,華盛頓大學(University of Washington)健康測量與評價中心(Institute for Health Metrics and Evaluation)2020年開展的一項研究發(fā)現(xiàn),,事實上,全球人口最早可能在2064年達到最高峰97.2億人,。從今天到2064年恰好與1980年至今的時間相同,。

預期人口減少最主要的原因是全球出生率大幅下降。據(jù)聯(lián)合國統(tǒng)計,,人口出生率從1990年每名女性活產新生兒3.2人,,2019年下降到2.5人,到2100年可能下降到1.9人左右,。因此,,美國銀行預測與生育健康福利、輔助生殖服務,、體外受精技術和計劃生育有關的公司,,將會迎來繁榮的業(yè)務發(fā)展。以Progyny為例,。美國銀行指出,,這家位于紐約的公司向“大型自我保險雇主”提供生育福利,并且這是美國同類公司中唯一一家上市公司,。美國銀行還重點提到了在中美兩國提供體外受精等輔助生殖服務的錦欣生殖(Jinxin Fertility)以及出售嬰兒監(jiān)測技術的Owlet,。例如,家長可以在晚上為嬰兒穿上Owlet開發(fā)的襪子,,用于監(jiān)測心率,。

然而,,問題不止是兒童數(shù)量不足,。還有另外一個問題是,隨著醫(yī)療保健技術的進步,、生活習慣的改善和管理式醫(yī)療護理的出現(xiàn),,人類壽命延長。美國銀行指出,,到2050年,,人均預期壽命將從72.3歲延長到76.8歲,。因此,美國銀行的分析師認為,,AMN Healthcare等醫(yī)療人員配置公司的需求將大幅增長,,尤其是在整個行業(yè)面臨勞動力不足的情況下。美國銀行還提到,,瑞銀集團(UBS)和摩根大通(JPMorgan Chase)等傳統(tǒng)跨國銀行可能正在準備拿出更大精力服務所謂的銀發(fā)族,,因為預計老年客戶對于財富管理服務將有更大需求。其他受益者還包括保險公司,,如亞洲最大的人壽保險公司之一友邦保險(AIA)以及保誠集團(Prudential plc)等,。美國銀行表示,鑒于亞洲和非洲中產階級的興起和人口老齡化,,保誠保險有機會在這兩個市場擴大業(yè)務,。

與城市人口增長有關的股票

過去15年,人類社會一直在圍繞城市持續(xù)融合,,雖然新冠疫情為人們遠程辦公帶來了新的可能性,,但未來預計人們依舊會向城市聚集。

美國銀行在報告中指出,,目前全球約55%的人口在城市生活,。到2050年,預計全球約三分之二人口將生活在城市,,其中新增城市人口很大一部分來自亞洲和非洲,。為了應對不斷涌入的新居民,未來十年城市必定要增加基礎設施支出,。普華永道(PwC)估計,,未來十年全球基礎設施支出將達到78萬億美元。

美國銀行建議特別關注的一只股票是Helios Towers,。該公司在非洲和中東擁有并運營通信信號塔等基礎設施,。美國銀行提到了越南最大的住宅開發(fā)商Vinhomes Joint Stock Company。城市居民收入水平的提高,,可能“在已經(jīng)逐漸供應不足的越南房地產市場,,推高對正規(guī)住房的需求”,該公司可能從中受益,。美國銀行表示,,在消費者領域,城市人口的增加還可能促進送餐公司的業(yè)務增長,,例如印度的Zomato和東南亞的Grab等,。

美國銀行提到了美國的多家庭房地產投資信托公司UDR。該公司在紐約、華盛頓特區(qū)和舊金山等市場經(jīng)營公寓,。美國銀行的分析師還認為,,服務新一代郊區(qū)居民的公司將迎來更多商機,例如家得寶(Home Depot)等,,因為“人口從城市搬到郊區(qū)和農村市場的長期趨勢被疫情加速,。”

與C世代有關的股票

想象一下這樣一代人:在他們的記憶中沒有嚴重的疫情,,不需要開車,,不再使用現(xiàn)金。如果美國銀行的預測成真,,這就是目前最年輕的C世代的未來,。

美國銀行表示,2016年以后出生的C世代已經(jīng)超過7億人,,到2025年將達到20億,。雖然C世代的規(guī)模可能小于我們經(jīng)常說的Z世代,,但分析師們表示,,C世代將成為“在網(wǎng)絡連接無處不在的時代與科技和諧共存”的第一代人。這意味著什么,?美國銀行的分析師寫道:“他們將是‘無現(xiàn)金,、無商店購物、無人駕駛,、無大學’的一代人,,因為隨著新的顛覆性技術的誕生,他們改變了對金錢,、工作,、出行和教育的態(tài)度?!?/p>

分析師們表示:“C世代也將是‘騙過死神’的第一代人,,他們將實現(xiàn)永生,并生活在凈零排放的世界,?!?/p>

我們不知道現(xiàn)在的某個人是否將獲得永生。但對于投資者,,美國銀行確實已經(jīng)看到一些公司有望成為未來社會的支柱,。例如大力開發(fā)沉浸式數(shù)字世界元宇宙的視頻游戲公司Roblox,希望成為下一代互聯(lián)網(wǎng)門戶的美國領先的加密貨幣交易平臺Coinbase,,甚至還有已有98年歷史的華特迪士尼公司(Walt Disney Co.),。美國銀行的分析師認為,迪士尼有潛力成為“元宇宙的一個關鍵利益相關者,,無論未來這個新興領域將如何演變,。”

分析師們寫道:“我們認為‘內容為王’,,內容/IP將成為吸引消費者接受這些新虛擬空間的關鍵賣點,。[迪士尼]將占據(jù)優(yōu)勢,可以利用其大量標志性人物形象和IP,,幫助創(chuàng)建這些新虛擬世界,。”

以下是美國銀行認為將從全球人口結構轉變中受益的50只股票:

? 德科集團(Adecco)

? Aedifica

? 友邦保險控股有限公司(AIA Group Limited)

? Airtel Africa Limited

? AMN Healthcare

? Amundi SA

? ASGN Inc.

? 蒙特利爾銀行(Bank of Montreal)

? 必得維斯特集團(Bidvest Group)

? Block Inc.

? Cofinimmo

? Coinbase Global Inc.

? 美國霍頓公司(D.R. Horton Inc.)

? Fiverr

? GetNinjas

? Grab Holdings

? Helios Towers PLC

? 豪洛捷公司(Hologic Inc.)

? IDP教育集團(IDP Education)

? 錦欣生殖醫(yī)療集團有限公司

? 摩根大通集團

? LEG Immobilien

? 路易威登(LVMH)

? 馬山集團(Masan Group)

? Mr Price

? MTN集團(MTN Group)

? Nihon M&A Center

? 歐加?。∣rganon)

? Owlet Inc.

? Progyny Inc.

? 保誠集團

? 信實工業(yè)(Reliance Industries)

? 歷峰集團(Richemont)

? Roblox Corp.

? 冬海集團(Sea Limited)

? Shoprite

? SMS

? Teleperformance SE

? 家得寶

? Torrid Inc.

? Trupanion

? 瑞銀集團

? UDR Inc.

? Upwork Inc.

? 維多利亞的秘密(Victoria's Secret & Co.)

? Vinhomes Joint Stock Company

? Vonovia SE

? 華特迪士尼公司

? Welltower

? Zomato Limited(財富中文網(wǎng))

翻譯:劉進龍

審校:汪皓

華爾街投資者如今正面臨一個新世界,。

俄烏戰(zhàn)爭突然爆發(fā)。美國對經(jīng)濟衰退的擔憂日益加劇,。在收益爆炸式增長的繁榮期結束之后,,美國公司陷入混亂,有些公司現(xiàn)在正在努力重新站穩(wěn)腳跟,。但這只是冰山一角,。

美國銀行(Bank of America)認為,投資者需要充分意識到,,全球正在發(fā)生一系列更深層次的轉變,。例如,到2030年,,全球近四十多個城市的人口將至少達到1,000萬人,,這將加劇對氣候的威脅。到2050年,,65歲及以上人口將增加一倍以上,。到2057年,經(jīng)過多年的出生率下降,,全球兒童人口預計將達到21億人,,七年后全球可能將達到“人口高峰期”。

由美國銀行主題投資總監(jiān)哈伊姆·以色列領導的分析師團隊在6月8日發(fā)表的一份報告中寫道:“未來幾年,,世界將發(fā)生翻天覆地的變化,。不只是全球人口的增長(或減少),還有人口結構的快速變化,?!?/p>

這充分代表了該華爾街銀行所說的“變革的世界”,最終必定會形成“新的世界秩序”,,從城市到政治制度當然還有公司都將受到影響,。那么,,投資者該如何應對?美國銀行提出了一些建議,,確切地說是推薦了50只股票,。下文分析了美國銀行的報告中提出的幾個熱門主題板塊以及分析師們看好的股票:

與人類社會年齡結構變化有關的股票

美國銀行表示,過去半個世紀,,全世界經(jīng)歷了飛速增長期,,帶動全球人口數(shù)量增加了一倍以上。而且人口增長并未結束,。

據(jù)聯(lián)合國預測,,到2100年,全球人口很有可能達到約110億人的最高峰,。目前全球人口約為79億人,。然而,華盛頓大學(University of Washington)健康測量與評價中心(Institute for Health Metrics and Evaluation)2020年開展的一項研究發(fā)現(xiàn),,事實上,,全球人口最早可能在2064年達到最高峰97.2億人。從今天到2064年恰好與1980年至今的時間相同,。

預期人口減少最主要的原因是全球出生率大幅下降,。據(jù)聯(lián)合國統(tǒng)計,人口出生率從1990年每名女性活產新生兒3.2人,,2019年下降到2.5人,,到2100年可能下降到1.9人左右。因此,,美國銀行預測與生育健康福利,、輔助生殖服務、體外受精技術和計劃生育有關的公司,,將會迎來繁榮的業(yè)務發(fā)展,。以Progyny為例。美國銀行指出,,這家位于紐約的公司向“大型自我保險雇主”提供生育福利,,并且這是美國同類公司中唯一一家上市公司。美國銀行還重點提到了在中美兩國提供體外受精等輔助生殖服務的錦欣生殖(Jinxin Fertility)以及出售嬰兒監(jiān)測技術的Owlet,。例如,,家長可以在晚上為嬰兒穿上Owlet開發(fā)的襪子,用于監(jiān)測心率,。

然而,,問題不止是兒童數(shù)量不足。還有另外一個問題是,,隨著醫(yī)療保健技術的進步,、生活習慣的改善和管理式醫(yī)療護理的出現(xiàn),,人類壽命延長。美國銀行指出,,到2050年,,人均預期壽命將從72.3歲延長到76.8歲。因此,,美國銀行的分析師認為,AMN Healthcare等醫(yī)療人員配置公司的需求將大幅增長,,尤其是在整個行業(yè)面臨勞動力不足的情況下,。美國銀行還提到,瑞銀集團(UBS)和摩根大通(JPMorgan Chase)等傳統(tǒng)跨國銀行可能正在準備拿出更大精力服務所謂的銀發(fā)族,,因為預計老年客戶對于財富管理服務將有更大需求,。其他受益者還包括保險公司,如亞洲最大的人壽保險公司之一友邦保險(AIA)以及保誠集團(Prudential plc)等,。美國銀行表示,,鑒于亞洲和非洲中產階級的興起和人口老齡化,保誠保險有機會在這兩個市場擴大業(yè)務,。

與城市人口增長有關的股票

過去15年,,人類社會一直在圍繞城市持續(xù)融合,雖然新冠疫情為人們遠程辦公帶來了新的可能性,,但未來預計人們依舊會向城市聚集,。

美國銀行在報告中指出,目前全球約55%的人口在城市生活,。到2050年,,預計全球約三分之二人口將生活在城市,其中新增城市人口很大一部分來自亞洲和非洲,。為了應對不斷涌入的新居民,,未來十年城市必定要增加基礎設施支出。普華永道(PwC)估計,,未來十年全球基礎設施支出將達到78萬億美元,。

美國銀行建議特別關注的一只股票是Helios Towers。該公司在非洲和中東擁有并運營通信信號塔等基礎設施,。美國銀行提到了越南最大的住宅開發(fā)商Vinhomes Joint Stock Company,。城市居民收入水平的提高,可能“在已經(jīng)逐漸供應不足的越南房地產市場,,推高對正規(guī)住房的需求”,,該公司可能從中受益。美國銀行表示,,在消費者領域,,城市人口的增加還可能促進送餐公司的業(yè)務增長,,例如印度的Zomato和東南亞的Grab等。

美國銀行提到了美國的多家庭房地產投資信托公司UDR,。該公司在紐約,、華盛頓特區(qū)和舊金山等市場經(jīng)營公寓。美國銀行的分析師還認為,,服務新一代郊區(qū)居民的公司將迎來更多商機,,例如家得寶(Home Depot)等,因為“人口從城市搬到郊區(qū)和農村市場的長期趨勢被疫情加速,?!?/p>

與C世代有關的股票

想象一下這樣一代人:在他們的記憶中沒有嚴重的疫情,不需要開車,,不再使用現(xiàn)金,。如果美國銀行的預測成真,這就是目前最年輕的C世代的未來,。

美國銀行表示,,2016年以后出生的C世代已經(jīng)超過7億人,到2025年將達到20億,。雖然C世代的規(guī)??赡苄∮谖覀兘?jīng)常說的Z世代,但分析師們表示,,C世代將成為“在網(wǎng)絡連接無處不在的時代與科技和諧共存”的第一代人,。這意味著什么?美國銀行的分析師寫道:“他們將是‘無現(xiàn)金,、無商店購物,、無人駕駛、無大學’的一代人,,因為隨著新的顛覆性技術的誕生,,他們改變了對金錢、工作,、出行和教育的態(tài)度,。”

分析師們表示:“C世代也將是‘騙過死神’的第一代人,,他們將實現(xiàn)永生,,并生活在凈零排放的世界?!?/p>

我們不知道現(xiàn)在的某個人是否將獲得永生,。但對于投資者,美國銀行確實已經(jīng)看到一些公司有望成為未來社會的支柱,。例如大力開發(fā)沉浸式數(shù)字世界元宇宙的視頻游戲公司Roblox,,希望成為下一代互聯(lián)網(wǎng)門戶的美國領先的加密貨幣交易平臺Coinbase,,甚至還有已有98年歷史的華特迪士尼公司(Walt Disney Co.)。美國銀行的分析師認為,,迪士尼有潛力成為“元宇宙的一個關鍵利益相關者,,無論未來這個新興領域將如何演變?!?/p>

分析師們寫道:“我們認為‘內容為王’,,內容/IP將成為吸引消費者接受這些新虛擬空間的關鍵賣點。[迪士尼]將占據(jù)優(yōu)勢,,可以利用其大量標志性人物形象和IP,,幫助創(chuàng)建這些新虛擬世界?!?/p>

以下是美國銀行認為將從全球人口結構轉變中受益的50只股票:

? 德科集團(Adecco)

? Aedifica

? 友邦保險控股有限公司(AIA Group Limited)

? Airtel Africa Limited

? AMN Healthcare

? Amundi SA

? ASGN Inc.

? 蒙特利爾銀行(Bank of Montreal)

? 必得維斯特集團(Bidvest Group)

? Block Inc.

? Cofinimmo

? Coinbase Global Inc.

? 美國霍頓公司(D.R. Horton Inc.)

? Fiverr

? GetNinjas

? Grab Holdings

? Helios Towers PLC

? 豪洛捷公司(Hologic Inc.)

? IDP教育集團(IDP Education)

? 錦欣生殖醫(yī)療集團有限公司

? 摩根大通集團

? LEG Immobilien

? 路易威登(LVMH)

? 馬山集團(Masan Group)

? Mr Price

? MTN集團(MTN Group)

? Nihon M&A Center

? 歐加?。∣rganon)

? Owlet Inc.

? Progyny Inc.

? 保誠集團

? 信實工業(yè)(Reliance Industries)

? 歷峰集團(Richemont)

? Roblox Corp.

? 冬海集團(Sea Limited)

? Shoprite

? SMS

? Teleperformance SE

? 家得寶

? Torrid Inc.

? Trupanion

? 瑞銀集團

? UDR Inc.

? Upwork Inc.

? 維多利亞的秘密(Victoria's Secret & Co.)

? Vinhomes Joint Stock Company

? Vonovia SE

? 華特迪士尼公司

? Welltower

? Zomato Limited(財富中文網(wǎng))

翻譯:劉進龍

審校:汪皓

Investors across Wall Street are facing a new world today.

War has erupted in Ukraine. Fears of a recession are mounting in the U.S. And corporate America has been sent reeling, with companies now trying to find their footing once again after a gangbusters period where many saw earnings explode. But that’s only part of it.

For Bank of America, there is a series of far deeper shifts taking place globally that investors need to wise up to. By 2030, for one, nearly four dozen cities around the globe will have at least 10 million inhabitants, escalating the threat to the climate. By 2050, there will more than double the count of people who are at least 65 years old. And by 2057, following years of falling fertility rates, the number of children globally is expected to top out at 2.1 billion before the world potentially reaches “peak people” seven years later.

“The world won’t look anything like it does today in years to come,” a group of Bank of America analysts led by head of thematic investing, Haim Israel, wrote in a June 8 report. “And it’s not all about global population growth (or decline)—it’s also about the rapidly changing composition of that population.”

It is all representative of what the Wall Street bank calls a “transforming world,” one that is bound to cause a "new world order" that stands to impact just about everything from cities to political regimes to, of course, companies. So, what’s an investor to do? Well, Bank of America has some ideas—50 to be exact. Here is a breakdown of some of the top themes from Bank of America's note and the stocks that analysts see prospering, as a result:

The stocks for society's coming age shake-up

Over the last half century, the world has been in a period of escalating growth that has led the number of people globally to more than double, according to Bank of America. And the population's expansion is not yet done.

The United Nations has projected that the count of people very may well reach a peak of almost 11 billion by 2100, compared to about 7.9 billion today. However, a 2020 study conducted by researchers from the University of Washington’s Institute for Health Metrics and Evaluation found that, in fact, the global population may reach its highest level of 9.72 billion as soon as 2064—the same amount of years from now into the future as 1980 is in the past.

Perhaps the largest driver of the expected decline is a dramatic falloff in the global fertility rate, which, according to the UN, has plunged from 3.2 live births per woman in 1990 to 2.5 in 2019 and, by 2100, should sit at around 1.9. Bank of America, as a result, predicts a boom in business for companies dealing in fertility health benefits, assisted reproductive services, in-vitro fertilization technology, and family planning. Take Progyny, for instance. The New York-based company provides fertility benefits to “l(fā)arge, self-insured employers,” Bank of America notes, adding that it is the only publicly traded company of its type in the U.S. Bank of America also highlighted Jinxin Fertility, the leading provider of assisted reproductive services like in-vitro fertilization in China and the U.S., as well as Owlet, a company that sells infant-monitoring technology like a sock that parents can wrap around their child’s foot at night to monitor their heart rates.

It’s not just that the world isn’t having enough children, though. There’s also the fact that, thanks to advances in healthcare, better lifestyle habits, and managed care, society is getting older. The average life expectancy is set to rise from 72.3 years to 76.8 years by 2050, according to Bank of America. So, in the eyes of Bank of America analysts, healthcare staffing companies such as AMN Healthcare are bound to see a surge of demand, especially at a time when the industry as a whole is suffering from a labor shortage. Bank of America also highlights traditional global banks like UBS and JPMorgan Chase as potentially being primed for more room to run with the so-called greying population, considering the expected need for more wealth management services from older clients. Other benefactors include insurers like AIA, one of the largest life insurers in Asia, and Prudential plc, which Bank of America notes is sitting on an opportunity to expand its sprawl all across Asia and Africa considering the emerging middle-class and older populations in both markets.

The stocks for city watchers

The world has been coalescing around cities for 15 years now, and, while COVID-19 has opened up new possibilities for people to work from anywhere, people are still expected to pile within city limits for the years to come.

About 55% of the global population today lives in a city, Bank of America noted in the report. By 2050, about two-thirds of the global population is expected to be living in cities—with the lion's share of that growth coming from Asia and Africa. For cities to be able to handle the influx of new residents, there is bound to be a massive infrastructure spend in the next decade. PwC estimates that globally it could be as much as $78 trillion.

One stock that Bank of America called attention to in particular was Helios Towers, which owns and operates telecommunication towers and other infrastructure across Africa and the Middle East. In Vietnam, Bank of America says Vinhomes Joint Stock Company, the country's largest residential developer, may also benefit from the rising affluence among citizens, which could drive "an increasing need for formal housing, in a market that is chronically under-supplied." On the consumer-facing side, the push into urban areas, Bank of America wrote, may also be a catalyst for more business for food delivery companies like Zomato of India and Grab in southeast Asia.

In the states, Bank of America called out UDR, a multifamily real estate investment trust, that operates apartments in markets like New York, Washington, D.C., and San Francisco. The bank is also seeing more opportunities for companies that are catering to newly minted suburbanites, such as Home Depot, given the "long-term trend of migration out of urban areas and into suburban and rural markets [that] has been accelerated by the pandemic," the bank's analysts wrote.

The stocks for Gen C

Imagine not remembering the heights of the COVID-19 pandemic, or driving, or using cash. Well, if Bank of America's right, that's the future awaiting the youngest in society today: Gen C.

Born after 2016, Gen C is already 700 million strong and bound to reach 2 billion by 2025, according to the bank. And while that will make it ultimately smaller in size than the oft-discussed Gen Z, the analysts wrote that Gen C is positioned to become the first "to live in harmony with technology amid ubiquitous connectivity." What does that mean? "A 'cashless, shopless, driverless, potentially collegeless' generation, as they change attitudes to money, work, mobility and education in the advent of new disruptive technologies," the Bank of America analysts wrote.

"Also, Gen C could be the first generation to 'cheat death' and achieve immortality and live in a net zero world," they added.

Whether there is a human alive today who will never die, who knows. But, for investors, Bank of America does see some clarity already emerging around companies that are positioning themselves to become pillars in society for future generations. Among them: Roblox, the video gaming company that is making an aggressive push into the immersive digital known as the metaverse, Coinbase, the leading cryptocurrency exchange in the U.S. that is trying to become a gateway to the next iteration of the Internet, and even the 98-year-old Walt Disney Co., which Bank of America analysts wrote has the potential to become "a key stakeholder in the metaverse, however this new emerging area evolves over time."

"It is our view that 'content is king' and content/IP will serve as the key attraction in consumer adoption of these new virtual spaces," the analysts wrote. "[Disney] will likely have an advantaged positioning to capitalize on this with their roster of iconic franchises and IP to help create these new virtual worlds."

Here’s the full list of the 50 stocks that Bank of America sees benefitting from the globe’s ever-shifting demographics:

? Adecco

? Aedifica

? AIA Group Limited

? Airtel Africa Limited

? AMN Healthcare

? Amundi SA

? ASGN Inc.

? Bank of Montreal

? Bidvest Group

? Block Inc.

? Cofinimmo

? Coinbase Global Inc.

? D.R. Horton Inc.

? Fiverr

? GetNinjas

? Grab Holdings

? Helios Towers PLC

? Hologic Inc.

? IDP Education

? Jinxin Fertility Group Limited

? JPMorgan Chase & Co.

? LEG Immobilien

? LVMH

? Masan Group

? Mr Price

? MTN Group

? Nihon M&A Center

? Organon

? Owlet Inc.

? Progyny Inc.

? Prudential PLC

? Reliance Industries

? Richemont

? Roblox Corp.

? Sea Limited

? Shoprite

? SMS

? Teleperformance SE

? The Home Depot Inc.

? Torrid Inc.

? Trupanion

? UBS

? UDR Inc.

? Upwork Inc.

? Victoria's Secret & Co.

? Vinhomes Joint Stock Company

? Vonovia SE

? Walt Disney Co.

? Welltower

? Zomato Limited

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