UBER - General Electric Uber and Medtronic are among BofA's top ideas for Q4
Bank of America names its top U.S. Idea for Q4 as it looks for year-end opportunities for investors. "As we head into year-end off of a volatile third quarter, our strategy teams think the US continues to be the destination for investors because of key advantages in productivity, population, profits & policy," updates the firm. The list of high-conviction, short-term ideas includes 8 Buy-rated stocks and 2 Underperform-rated stocks. Bank of America sees quick upside for APA Corp (NASDAQ:APA), CNH Industrial NV (NYSE:CNHI), East-West Bancorp(NASDAQ:EWBC), Extra Space Storage (NYSE:EXR), Fox Corporation (NASDAQ:FOXA), General Electric (NYSE:GE), Medtronic (NYSE:MDT) and Uber Technologies (NYSE:UBER). Bank of America sees downside risk for AutoZone (NYSE:AZO) and Williams-Sonoma (NYSE:WSM). Use Seeking Alpha's advanced ratings screener to find your own Q4 gems.
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General Electric, Uber and Medtronic are among BofA's top ideas for Q4