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3 Cheap Stocks Bank of America Analysts Say Are 'Buys'


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Published in Stocks and Investing on by GOBankingRates   Print publication without navigation

Bank of America analysts are often consulted for their acumen in providing stock ratings, which some investors look to in order to pick up some expert tips, and those interested in investing in

The article from MSN Money discusses three stocks that Bank of America analysts have identified as strong buys due to their low valuations and potential for growth. Carnival Corporation (CCL) is highlighted for its significant recovery potential in the travel sector, with analysts predicting a 30% upside despite its current low price-to-earnings ratio. Cleveland-Cliffs (CLF) is noted for its strategic position in the steel industry, with expectations of a 25% increase in stock value, driven by anticipated demand from infrastructure projects and automotive manufacturing. Lastly, Wynn Resorts (WYNN) is recommended due to its attractive valuation and the expected recovery in the gaming and hospitality industry, with a projected 20% rise in stock price. Each of these companies is seen as undervalued with substantial growth prospects, making them attractive investment opportunities according to Bank of America's analysis.

Read the Full GOBankingRates Article at:
[ https://www.msn.com/en-us/money/top-stocks/3-cheap-stocks-bank-of-america-analysts-say-are-buys/ar-AA1BLYMc ]

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