News Formal

Buy these five non-tech stocks that are well positioned for the long haul, Bank of America says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Shares of Nvidia are red hot, but Bank of America thinks there's a slew of other stocks that investors should consider.

Shares of Nvidia are red hot, but Bank of America thinks there's a slew of other stocks that investors should consider. The firm said these companies have major upside and should be bought now.

Pro combed through BofA's research to find the most well positioned stocks. They include: Super Micro Computer, Kroger, Burlington, JPMorgan Chase and TJX Companies. Kroger Analyst Robert Ohmes said Kroger is firing on all cylinders even as grocery prices remain high. "We see support for KR's outlook both near and long-term given growing contributions from alternative profit streams & KR's increased focus on pharmacy," he wrote.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Buy these stocks for 'outsized' performance in a bull market, Bank of America saysBank of America names a slew of buy-rated stocks to buy as the market momentum continues.
Source: CNBC - 🏆 12. / 72 Read more »

Bank of America Spotlights Unprecedented Inflows into US Stocks and CryptocurrenciesBank of America has unveiled report detailing unprecedented inflows into U.S. stocks and cryptocurrencies
Source: Utoday_en - 🏆 295. / 63 Read more »