Bank of America adjusted its preferred list of U.S. stocks, the "US 1 List" on Tuesday.
According to Zhito Finance APP, Bank of America adjusted its preferred list of U.S. stocks, the "US 1 List" on Tuesday. The bank added AMETEK (AME.US), Chewy (CHWY.US), and XPO Inc. (XPO.US) to its preferred list.
Bank of America has removed Kirby Corp. (KEX.US) from the list. However, Bank of America maintains a "Buy" rating for Kirby.
Bank of America pointed out that the "US 1 List" aims to represent a collection of its best investment ideas, which come from the Buy-rated US-listed stocks (including ADRs) monitored by analysts in Bank of America's Global Research Department's fundamental equity research. The management objective of this list is to provide long-term superior investment performance.
The other components of the list include Walmart, Apple, NVIDIA, Microsoft, and other technology giants.