Bank of America sees potential in Wayfair for significant OP...
Bank of America sees potential in Wayfair for significant OPEX leverage and continued GM expansion, making it an attractive margin story. Despite valuation pressure from two secondary stock sales in 2023, Vivid Seats is expected to bounce back in 2024 due to resilient industry demand.
Wayfair and Vivid Seats Are BofA's Top Picks in the SMID E-commerce Space
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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