Buy stocks like Nvidia and Apple, which have plenty of upside potential, Bank of America says

Further upside is in the cards for a slate of stocks, including Nvidia , according to Bank of America. The firm recently called out big-name stocks that it says are worth snapping up — and that includes the artificial intelligence darling, which has seen its shares more than double in 2024.

Pro combed through Bank of America's research for buy-rated stocks that are well positioned for additional gains. In addition to Nvidia, these names include Apple, Nextracker , BJ's Wholesale Club and Ralph Lauren . BJ's Wholesale Club BJ's is firing on all cylinders, according to analyst Robert Ohmes. In a recent note, he said that BJ's has "momentum in membership, traffic, and unit volumes," even as warehouse competition heats up.

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