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Banks, Energy Firms, Airlines Set to Rally, BofA Says

Oct.20 -- Bank of America says there's a subset of cyclical stocks which has yet to outperform. The "idiosyncratic headwinds" facing banks, energy companies and airlines will eventually subside, allowing these firms to join their cyclical peers in rallying, according to Sebastian Raedler, BofA's head of European equity strategy. Raedler speaks on "Bloomberg Markets: European Open." (Corrects company name in description.)

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