Bank of America has recommended several stocks to investors ahead of their earnings reports, emphasizing their potential for growth. Spotify, which is set to report on August 4, is viewed positively by analyst Jessica Reif Ehrlich, who expects stable trends and accelerating revenue growth, aided by moderating foreign exchange headwinds.
The bank is also optimistic about Spotify's AI initiatives and pricing power. RB Global, the online marketplace for used vehicles, is seen as an attractive investment despite its year-to-date underperformance, with analyst Michael Feniger projecting improved earnings prospects from 2025 as market conditions for used equipment improve.
Ralph Lauren is anticipated to continue its strong performance, with analyst Kendall Toscano noting potential margin upside due to favorable tariff conditions and strong sales momentum. DoorDash is expected to see a positive re-rating in the second half of 2026 as margins improve.
Overall, these stocks are positioned well for growth, making them appealing options for investors looking for opportunities ahead of earnings announcements