© Reuters. BofA selects 10 growth and 10 value stocks for March
Analysts at Bank of America highlighted their ten growth and ten value stocks for March in a note to clients this week.
The firm explained that the screens used to find the stocks are quantitatively generated and are based on their proprietary BofA vs. Consensus Earnings Surprise Model plus three additional screening criteria. The universe they use is the S&P 500.
The Growth 10 screen includes the ten highest-ranking growth stocks according to the investment bank’s screening methodology, while the Value 10 screen includes the ten highest-ranking value stocks according to the screening methodology.
The ten growth stocks on BofA’s list are Amazon (NASDAQ:), Chipotle Mexican Grill (NYSE:), Alphabet (NASDAQ:), Eli Lilly & Co. (NYSE:), Meta Platforms (NASDAQ:), Netflix (NASDAQ:), Progressive Corp. (NYSE:), Targa Resources (NYSE:), Universal Health (NYSE:), and Warner Bros. Discovery (NASDAQ:). The firm replaced PODD with TRGP.
The new list of value stocks includes Arch Capital Group Ltd (NASDAQ:), Aflac (NYSE:), Ameriprise Financial (NYSE:), Darden Restaurants (NYSE:), Entergy (NYSE:), Ford Motor (NYSE:), General Motors (NYSE:), Interpublic Group of Cos. (IPG), Nucor (NYSE:), and Ralph Lauren (). IPG and F replaced GEN and HD on the list.
