Stocks to buy ahead of earnings, Bank of America says
CNBC • • business
Key Points:
- Bank of America highlights Amazon, Brookdale, Corning, Vertiv, and Carvana as top stock picks heading into earnings, citing strong growth potential and sector advantages.
- Amazon's growth outlook hinges on AWS revenue acceleration and AI capabilities, with the firm expecting profit growth to outpace Mega-Cap peers; shares are up 3% this year.
- Brookdale Senior Living was upgraded to buy due to favorable industry trends and improved occupancy, with projected 15%+ annual adjusted EBITDA growth; shares have risen nearly 13% this year.
- Carvana is praised for innovation and market expansion, with a raised price target of $515, driven by growth in eCommerce and new initiatives like acquiring physical dealerships; shares are
