Microsoft, Salesforce among BofA’s software picks for “risk-on and risk-off” environments

The New York Stock Exchange on the Wall street sign

Dmitry Vinogradov

BofA Securities highlighted several software stocks in a “risk-on and risk-off” environment, with Salesforce (NYSE:CRM) and Microsoft (NASDAQ:MSFT) being common in the two scenarios.

Analysts led by Brad Sills said that in a recession, they prefer stocks with the following characteristics: higher visibility business

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