Bank of America is betting on these stocks in the first quarter of 2026
CNBC••entertainment
Key Points:
- Bank of America highlights that while the S&P 500 is currently expensive, several stocks trading at fair value or discounts could perform well in Q1 2026, naming 10 picks across nine industries including retail, energy, and shipping.
- Amazon is favored due to its growing Amazon Web Services (AWS) business and exposure to artificial intelligence, with plans in quantum computing and custom silicon, leading BofA to assign a buy rating and a $303 price target.
- Dollar General is expected to benefit from higher-than-anticipated tax refunds and operational improvements, prompting BofA to maintain a buy rating and set a $160 price target, with the stock up over 80% in the past year.
- Boeing’s commercial
