Stocks with the highest upside to BofA’s price objectives
Feb. 07, 2024 2:15 PM ETBy: Monica L. Correa, SA News Editor
24 Comments
 Kunakorn Rassadornyindee
BofA analysts, in a Strategy Snipper report, said they believe the S&P 500’s ( SP500) narrowness is likely to shift up.
In January 34% were outperforming, compared to 27% in 2023.
These are buy-rated S&P 500 ( SP500) companies that have the highest potential to meet BofA’s price objectives (or PO) -- also known as price targets -- according to its analysts.
- General Motors Co. ( GM) - PO: 75, Upside to PO: 97%
- First Solar Inc. ( FSLR) - PO: 272, Upside to PO: 83%
- Warner Bros. Discovery Inc. Series A ( WBD) - PO: 17, Upside to PO: 68%
- Ford Motor Co. ( F) - PO: 19, Upside to PO: 61%
- Bunge Global SA ( BG) - PO: 140, Upside to PO: 55%
- Mosaic Co. ( MOS) - PO: 49, Upside to PO: 54%
- APA Corp. ( APA) - PO: 49, Upside to PO: 51%
- BorgWarner Inc. ( BWA) - PO: 52, Upside to PO: 51%
- Aptiv Plc ( APTV) - PO: 125, Upside to PO: 44%
- United Airlines Holdings Inc. ( UAL) - PO: 60, Upside to PO: 44%
- EQT Corp. ( EQT) - PO: 52, Upside to PO: 44%
- Match Group Inc. ( MTCH) - PO: 54, Upside to PO: 43%
- DexCom Inc. ( DXCM) - PO: 170, Upside to PO: 41%
- Carnival Corp. ( CCL) - PO: 23, Upside to PO: 40%
- Kroger Co. ( KR) - PO: 65, Upside to PO: 39%
- Newmont Corp. ( NEM) - PO: 48, Upside to PO: 39%
- Northrop Grumman Corp. ( NOC) - PO: 615, Upside to PO: 39%
- Everest Group Ltd ( EG) - PO: 522, Upside to PO: 37%
- Occidental Petroleum Corp. ( OXY) - PO: 80, Upside to PO: 36%
- Progressive Corp. ( PGR) - PO: 244, Upside to PO: 36%
- Starbucks Corp. ( SBUX) - PO: 127, Upside to PO: 35%
- Lowe’s Companies Inc. ( LOW) - PO: 289, Upside to PO: 35%
- UnitedHealth Group Inc. ( UNH) - PO: 675, Upside to PO: 34%
- Genuine Parts Co. ( GPC) - PO: 192, Upside to PO: 34%
- Exxon Mobil Corporation ( XOM) - PO: 140, Upside to PO: 34%
- Lamb Weston Holdings Inc. ( LW) - PO: 138, Upside to PO: 33%
- Baker Hughes Company Class A ( BKR) - PO: 39, Upside to PO: 33%
- Insulet Corporation ( PODD) - PO: 255, Upside to PO: 33%
- BlackRock Inc. ( BLK) - PO: 1,025, Upside to PO: 31%
- Becton, Dickinson and Co. ( BDX) - PO: 305, Upside to PO: 29%
- CVS Health Corp. ( CVS) - PO: 95, Upside to PO: 29%
- FedEx Corp. ( FDX) - PO: 313, Upside to PO: 28%
- Emerson Electric Co. ( EMR) - PO: 120, Upside to PO: 27%
- Chevron Corp. ( CVX) - PO: 190, Upside to PO: 27%
- Delta Air Lines Inc. ( DAL) - PO: 50, Upside to PO: 27%
- MetLife Inc. ( MET) - PO: 89, Upside to PO: 26%
- Schlumberger NV ( SLB) - PO: 62, Upside to PO: 26%
- Humana Inc. ( HUM) - PO: 470, Upside to PO: 25%
- Kenvue Inc. ( KVUE) - PO: 26, Upside to PO: 25%
- KLA Corp. ( KLAC) - PO: 740, Upside to PO: 24%
- Quest Diagnostics Inc. ( DGX) - PO: 160, Upside to PO: 24%
- PepsiCo Inc. ( PEP) - PO: 210, Upside to PO: 24%
- Cigna Group ( CI) - PO: 370, Upside to PO: 24%
- Philip Morris International Inc. ( PM) - PO: 113, Upside to PO: 23%
- PPL Corp. ( PPL) - PO: 32, Upside to PO: 23%
- ConocoPhillips ( COP) - PO: 140, Upside to PO: 23%
- CF Industries Holdings Inc. ( CF) - PO: 95, Upside to PO: 23%
- American Tower Corp. ( AMT) - PO: 240, Upside to PO: 23%
- Coterra Energy Inc. ( CTRA) - PO: 31, Upside to PO: 22%
- Eastman Chemical Co. ( EMN) - PO: 104, Upside to PO: 22%
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