Pursuits
Women’s Earnings Will Recover Before Men’s, BofA Says
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Women’s earnings will recover faster than men’s as the U.S. economy rebounds, which means companies that market to females may perform well, according to a Bank of America Corp. research note to clients.
Since women make the majority of household purchasing decisions and will have increasing earnings potential in the future, investors should consider companies such as New York-based AnnTaylor Stores Corp. and Lululemon Athletica Inc. based in Vancouver, said the note issued yesterday by Bank of America Merrill Lynch economists Neil Dutta and Ethan S. Harris in New York.