Bank of America announces 10 selected U.S. stocks for Q2 as the market pulls back

LootboxPhobia · 2026-04-01T20:06:03+00:00

Bank of America releases its quarterly US stock recommendations list, featuring 10 stocks expected to benefit in the upcoming quarter, including Meta, MongoDB, and Citi. Analysis shows that the S&P 500 index typically dips in the short term after geopolitical events but recovers quickly, advising investors to adopt a selective strategy.

LootboxPhobia

2026-04-01 20:06:03

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Investing.com – Bank of America said Wednesday it has released its quarterly list of short-term recommendations for U.S. stocks, naming 10 stocks that are expected to benefit from market and business catalysts over the next quarter.

The bank’s top picks for the second quarter of 2026 include Amer Sports, Boot Barn Holdings (NYSE:BOOT), Citigroup (NYSE:C), ITT Inc (NYSE:ITT), MongoDB (NASDAQ:MDB), Meta Platforms (NASDAQ:META), RTX Corp (NYSE:RTX), Spotify (NYSE:SPOT), Thermo Fisher Scientific (NYSE:TMO), and Welltower (NYSE:WELL).

On the last trading day of the first quarter, the market rose after reports that the Iran conflict may be nearing resolution. Michael Hartnett, Bank of America’s chief investment strategist, said that policy concerns are being raised by the S&P 500 breaking below 6,600 points, but the bank’s trading indicators have not yet shown signs of bulls capitulating or macro panic—signals that typically give contrarians a buy opportunity.

In a recent analysis, Bank of America strategist Savita Subramanian looked at whether investors should buy when geopolitical risk drives stocks lower. Historical data show that the S&P 500 typically falls by about 10% amid recent events, but rebounds within three months. The bank recommends a selective approach, favoring large-cap value stocks.

Bank of America will publish this list at the start of each quarter. Unless coverage is discontinued or ratings change, these investment calls typically last throughout the quarter. The bank will report quarterly performance results.

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