Bank of America has recently named several stocks that it believes are well-positioned to thrive despite market volatility. Among these, Kroger is noted for its potential growth driven by e-commerce expansion and strong store execution, with analyst Robert Ohmes maintaining a 'Buy' rating and a price target of $85 based on projected earnings.
Williams-Sonoma has been upgraded to 'Buy' by analyst Christopher Nardone, who emphasizes its 'affordable luxury' market positioning and resilience, noting a 34% increase in shares this year. Victoria's Secret is also highlighted for its operational improvements and potential for significant earnings growth, with analyst Mary Sport projecting a 10% EBIT margin by fiscal 2028.
Celsius Holdings is recognized for its strong consumption trends, while Jabil is seen as benefiting from growth in sectors like automotive and healthcare, despite facing some macroeconomic challenges. Overall, these stocks are viewed as having meaningful upside potential in the current economic landscape