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home / news releases / WMT - Walmart and Eli Lilly top BofA's top stocks list for Q4

WMT - Walmart and Eli Lilly top BofA's top stocks list for Q4

Walmart Inc.
Bank of America has 10 US Idea stocks selected as outperformers during a quarter that includes huge stimulus, election and COVID wildcards.BofA says the picks for Q4 are based on its views of potential significant market and business-related catalysts that it thinks will affect the stocks during the current quarter.The Buy-rated stocks listed as top Q4 U.S. Ideas are Extra Space Storage (EXR), Freeport McMoRan (FCX), Alphabet (GOOGL), Jazz Pharmaceuticals (JAZZ), Eli Lilly (LLY), Medtronic (MDT), Parker Hannifin (PH) and Walmart (WMT).On the short side, the Underperform-rated stocks expected to have a rough quarter are Royal Caribbean (RCL) and Waters (WAT).The firm's top 10 US Ideas list has outperformed the broad market by a wide margin the last two quarters.See Seeking Alpha's Stocks to Watch article for a preview of next week's action.

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Walmart and Eli Lilly top BofA's top stocks list for Q4
Stock Information
Company Name: Walmart Inc.
Stock Symbol: WMT
Market: NYSE
Website: stock.walmart.com
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