PANews|Nov 13, 2026 02:28
[HSBC: Stock Market Correction Overdone, Recommends 11 Buy-Rated Stocks]
(According to Investing.com), HSBC, in a client report released on November 12, pointed out that the recent stock market correction has been excessive and recommended 11 stocks that have experienced significant declines and are considered worth buying: Alphabet, Applied Materials, Baker Hughes, Bloom Energy, Citigroup, Freeport-McMoRan, GE Vernova, Era Energy, Oracle, Sempra Energy, and Vertiv. Strategist Nicole Inui stated that as the AI trading frenzy cools, technology and industrial stocks have fallen 8% to 9% in the past three months, with some fundamentally healthy sub-sectors having fallen nearly 20% from their highs.
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