Analysts at Bank of America say there is a host of buy-rated stocks set to outperform heading into the remainder of 2024. The Wall Street investment bank says these companies are best positioned to gain and are firing on all cylinders.
, Netflix , Texas Roadhouse and Johnson Controls . Netflix Everything is "on track" for the streaming giant following its earnings report in October, according to BofA. Profit margins are rising and the company is making the right investments to maintain its longstanding streaming leadership, according to analyst Jessica Reif Ehrlich.
is "thriving in a tough backdrop," as free cash flow continues to expand, according to El-Sabbahy. Further, BofA says as a top pick. He called
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