economy
Bank of America's Top Picks for the Second Quarter After a Tough Start to 2026
The firm called out the stocks it sees outperforming over the next three months.
TL;DR
- Bank of America has selected its top high-conviction, short-term, buy-rated U.S. stocks for the second quarter.
- The bank is "going long on the market pullback," believing these stocks have significant catalysts ahead.
- Meta Platforms and Spotify are highlighted as potential outperformers, with price objectives suggesting substantial upside.
- Despite recent court losses, Meta's AI opportunity is seen as undervalued, with legal risks unlikely to impact near-term revenue or profitability.
- Spotify's volatility is viewed as an attractive buying opportunity, with concerns about AI disruption deemed overblown.
- Citigroup, Thermo Fisher, MongoDB, Amer Sports, and Boot Barn are also mentioned as featured stocks.
- The S&P 500 is down 3.8% year-to-date as of April's trading.
- Meta stock is down almost 13% in 2026, while Spotify is down almost 16% this year.