Bank of America says these stocks have upside heading into September
Several stocks offer plenty more room to appreciate in September, Bank of America said this week.
TL;DR
- Bank of America identifies Tapestry, Madison Square Garden Entertainment, ASML, and Church & Dwight as stocks with significant upside in September.
- Madison Square Garden Entertainment is performing well due to concert activity and the Knicks' championship run.
- Church & Dwight is noted for its successful turnaround, improved product mix, and ability to outperform in tough economic conditions.
- ASML is recommended to 'buy the dip' with analysts citing an unjustified de-rating and strong EPS growth potential.
- Tapestry is expected to see consistent EPS growth driven by its Coach brand, though upside may be limited due to current valuations.