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Buy these stocks ahead of earnings, including this Nvidia peer, Bank of America says

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New Oriental Education & Technology Group Inc,Composecure Inc,Taiwan Semiconductor Manufacturing Co Ltd

Bank of America likes these five stocks heading into earnings.

Earnings season is revving up, and Bank of America has picked out a series of stocks to buy in advance of their quarterly reports. The firm said there is no shortage of companies that are priced to perfection and still have room for upside.

Pro combed through top research from Bank of America to find buy-rated stocks ahead of earnings. They include Broadcom , Eletrobras , Taiwan Semiconductor Manufacturing, CompoSecure and New Oriental Education & Technology Group . Eletrobras Analyst Arthur Pereira is pounding the table for shares of the Brazilian electric utilities company. U.S.-traded shares are off 16% in 2024.

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