Buy these 8 underrated stocks that are about to report surprisingly strong Q1 earnings, according to Bank of America
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Bank of America remains bullish on small caps, even though interest rates are elevated. Bank of America's US regime indicator rose last month, the third consecutive increase and the largest in over two and a half years. A continued economic expansion marked by a relatively healthy labor market is excellent news for smaller stocks. BofA encouraged its clients to remain invested in the group. Within SMID-caps, value-oriented companies and those with a quality bent have performed best lately. Bank of America recently shared a list of 13 buy-rated small- and mid-cap stocks that beat both earnings and revenue estimates last quarter and can top consensus expectations again in Q1. The other eight SMID-cap stocks with earnings prospects that Bank of America is bullish about are: Addus HomeCare, US Physical Therapy, Alarm.com, Trex Company, Dynatrace, Patterson Companies, AutoNation, and Saia.

#Stocks #SmallCaps #Q1Earnings #BankOfAmerica

https://www.businessinsider.com/stocks-to-buy-small-caps-q1-earnings-bank-of-america-2024-5 

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