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Fri, January 17, 2025

These two retailers made BofA's list of top small & mid-cap stocks


Published on 2025-01-17 08:41:33 - MSN
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  • Bank of America named Boot Barn (NYSE:BOOT) and e.l.f. Beauty as two of its top small & mid-cap U.S. stock ideas picks for 2025. To be considered for the select SMID list, stocks must have a market cap of $1 billion to $15 billion or belong to one of the major small/mid-cap U.

The article from MSN Money discusses Bank of America's recent list of top small and mid-cap stocks, highlighting two retail companies: Academy Sports and Outdoors, Inc. (ASO) and Five Below, Inc. (FIVE). Academy Sports and Outdoors, based in Texas, has been recognized for its strong performance in the sporting goods sector, with a significant increase in its stock value over the past year. The company benefits from a robust omnichannel strategy, appealing to both in-store and online shoppers. On the other hand, Five Below, known for its extreme-value retail concept targeting teens and pre-teens, has also caught the attention of investors due to its unique pricing strategy where most items are priced at $5 or below, with some exceptions. Both companies are noted for their growth potential, effective business models, and ability to adapt to consumer trends, making them attractive investment options according to Bank of America's analysis.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/these-two-retailers-made-bofa-s-list-of-top-small-mid-cap-stocks/ar-AA1xn8iA ]
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