NFLX - Netflix Disney Datadog among BofA's 10 best ideas for Q3

2023-07-03 09:41:08 ET

Netflix ( NASDAQ: NFLX ), Walt Disney ( DIS ) and Datadog ( DDOG ) are among investment firm's Bank of America's 10 best U.S. stocks for the third-quarter.

A team of Bank of America's analysts noted there is likely to be a summer rally, with the firm's equity strategist recently declaring the end of the bear market.

"While Michael Hartnett maintains his overall bearish view, he thinks the pain trade is higher in the near-term," the analysts wrote, adding that technicals on the S&P 500 suggest a level of 4,900 to 5,000, according to Stephen Suttmeier.

Here is the entire list, all of which have buy ratings from the firm:

American Homes 4Rent ( AMH )

Bath & Body Works ( BBWI )

Datadog ( DDOG )

Dexcom ( DXCM )

Fortive ( FTV )

Lamb Weston Holdings ( LW )

Lear Corp ( LEA )

Netflix ( NFLX )

Walt Disney ( DIS )

Wells Fargo ( WFC )

More on Netflix

• Netflix said to increase targeting, create enhanced formats to boost ad sales
• Netflix: 3 Reasons Why It's Not Too Late To Buy, Yet
• Netflix: Time To Prioritize Sports Broadcasting

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