Bank of America Identifies Five Stocks Poised for Growth Ahead of Earnings
As the quarterly earnings season gathers momentum, Bank of America analysts have spotlighted five standout stocks they believe are primed for significant gains. These companies, which range across sectors including e-commerce, consumer tech, entertainment, beverages, and digital advertising, have compelling catalysts and valuations that suggest upside potential in the coming weeks.
1. Oddity Tech: Riding the Wave of Digital Beauty
Beauty tech platform Oddity Tech (NASDAQ: ODD) is firing on all cylinders, according to Bank of America analyst Anna Lizzul. The company’s cutting-edge digital offerings and direct-to-consumer (DTC) model place it at a strategic advantage amid the ongoing shift toward online beauty sales.
“With the vast majority of its sales being direct-to-consumer, Oddity Tech is well positioned to capitalize on the beauty category's increasing migration to online purchasing channels,” Lizzul noted. Reflecting this confidence, the firm raised its price target from $68 to $80 per share ahead of Oddity’s earnings report on August 4. Oddity Tech's shares have surged 64% this year, underscoring its rapid growth trajectory in a changing retail landscape.
2. Bilibili: Blending High-Quality Content with AI Innovation
China-based online video platform Bilibili is garnering renewed enthusiasm as it emphasizes high-quality content and AI-driven monetization strategies. Analyst Miranda Zhuang, who recently attended Bilibili’s investor day, described the company’s focus on long-lifecycle gaming and artificial intelligence as key growth drivers.
“We maintain our Buy rating, given Bilibili’s unique platform value, substantial growth prospects, and AI integration benefits,” said Zhuang. She also raised the price target slightly from $25 to $27, buoyed by expectations for positive Q2 earnings in mid-August. The stock has climbed 28% year-to-date, reflecting strong investor confidence in its digital ecosystem.
3. Anheuser-Busch InBev: Brewing Growth Despite Market Challenges
Despite headwinds from volume softness in key markets like China and the U.S., global beverage leader Anheuser-Busch InBev is still viewed optimistically. Analyst Andrea Pistacchi forecasts 5.6% organic EBITDA growth for Q2, supported by margin expansion and strategic share buybacks.
“While we expect volume to be impacted, ABI's focus on operational efficiency and capital return initiatives highlight its strength as a reliable staples compounder,” Pistacchi said. ABI shares have appreciated nearly 40% this year, signifying resilience amid macroeconomic uncertainties.
4. AppLovin: Unlocking Substantial EBITDA Upside
Adtech firm AppLovin remains a top pick for the bank’s portfolio analysts, who foresee significant upside to 2026 EBITDA projections. The company’s ongoing managed service onboarding and anticipated self-serve ramp in the coming years represent underappreciated growth vectors, potentially prompting bullish earnings revisions.
5. Amazon: Poised to Lead the E-Commerce and Cloud Computing Surge
Finally, retail and cloud juggernaut Amazon is in the spotlight ahead of its earnings. Bank of America expects a strong retail performance complemented by robust growth in Amazon Web Services (AWS) during the second half of the year.
“Amazon’s relentless focus on customer experience and innovation positions it to capitalize on secular trends including global e-commerce growth, cloud computing, online advertising, and connected devices,” the firm remarked. This multi-pronged approach is central to Amazon’s dominance and future growth trajectory.
Expert Insights and Broader Implications
The firms highlighted by Bank of America not only share promising earnings outlooks but also embody broader sectoral trends: the rise of digital-first consumer engagement, AI’s transformative role, and resilient staples in uncertain times.
- Digital transformation: Oddity Tech and Bilibili exemplify how technology is reshaping consumer categories from beauty to entertainment.
- AI empowerment: Bilibili’s strategic leverages of AI suggest a future-oriented business model adapting swiftly to content and monetization evolution.
- Steady income plays: Anheuser-Busch InBev’s focus on margin expansion and buybacks reflects an adaptive strategy amid volatile demand.
- Long-term operational scale: AppLovin and Amazon’s expansions highlight how digital ecosystems and cloud services are growth engines powering the modern economy.
From a U.S. investor perspective, these stocks collectively signal where technology, shifting consumer preferences, and resilient business models intersect — pointing to potential portfolio winners as earnings season unfolds.
Editor’s Note
Bank of America’s stock picks underscore the dynamism in technology-driven sectors and classic consumer businesses adapting to evolving market realities. Investors should watch earnings closely, not just for quarterly performance but for strategic narratives around digital transformation, AI adoption, and operational discipline. These undercurrents might well define the next phase of market leadership.
