Wall Street Jedi
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Wall Street Jedi
No Result
View All Result
Home Investing

Chevron, PayPal stock and these 8 US names are best ideas for Q1 2025 at BofA

by
January 2, 2025
in Investing
0
Chevron, PayPal stock and these 8 US names are best ideas for Q1 2025 at BofA
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Investing.com — Bank of America analysts unveiled their “Top 10 U.S. Ideas” for Q1 2025, highlighting nine stocks with Buy ratings and one Underperform. 

The quarterly list emphasizes stocks expected to benefit from significant business and market-related catalysts.

Ametek (NYSE:AME)

BofA projects Ametek will exceed Q4 earnings expectations and provide solid 2025 guidance. They highlight the company’s pricing power and its exposure to improving demand indicators. “Broader leading indicators of demand, such as the New Orders component of the US manufacturing PMI and OECD US leading indicators, have turned up,” said the bank. “These historically have had a good correlation with Ametek’s organic revenue growth with a two-quarter lag.”

Chevron (NYSE:CVX)

Chevron’s 2025 is expected to kick off with growth catalysts, including Namibia well results and cost-cutting initiatives. Analysts believe these factors will drive free cash flow inflection and a potential multiple re-rating, supporting a price target of $180.

“During 4Q earnings reporting, we expect an updated outlook through 2026, which we believe will give investors a better line of sight on this inflection and lead to a multiple re-rating,” writes BofA.

Chewy (NYSE:CHWY)

BofA sees Chewy as an early-stage earnings revision story, supported by stabilizing pet adoption rates and higher margin sales. Analysts forecast a 24% compound annual growth rate in EBITDA, with a target of $40.The stock is also one of BofA’s SMID Cap Internet top picks for 2025.

Dexcom (NASDAQ:DXCM)

With new product launches like the 15-day G7 and expanding market opportunities, Dexcom is expected to experience accelerating revenue growth. BofA’s target is $90, supported by strong volume growth and favorable guideline updates.

HubSpot (NYSE:HUBS)

BofA rates HubSpot as a leader in the small- and medium-sized business CRM space. Analysts expect growth to reaccelerate, driven by AI innovations, with a price target of $850.

PayPal (NASDAQ:PYPL) Holdings

BofA notes that PayPal’s turnaround efforts are gaining momentum, with a February Investor Day as a key catalyst. The bank expects improved sentiment and robust free cash flow, setting a target of $103.

“Holiday season e-comm spending data points have been encouraging, and we don’t think potential modest improvement in 4Q branded total payment volume (TPV) growth is priced in,” states BofA.

Progressive Corp (NYSE:PGR)

Progressive’s ad spending and policy growth momentum make it a standout, according to BofA. Analysts forecast sustained growth and peak underwriting margins, with a price target of $339.

The Trade Desk (NASDAQ:TTD)

BofA explains that strong growth in digital and connected TV advertising, coupled with potential S&P 500 inclusion, keeps The Trade Desk in focus. It assigned the stock a target of $155 a share.

Wells Fargo (NYSE:WFC)

BofA highlights Wells Fargo’s efficiency improvements and potential regulatory relief, setting a price target of $84.

Illumina (NASDAQ:ILMN) (Underperform)

Illumina is the Underperform-rated name on the list. BofA says the recovery story faces skepticism due to potential slow revenue growth and risks from government budget cuts. “We believe Illumina’s initial FY25 outlook could be disappointing,” says BofA. The price target for the stock is $120.

Overall, BofA believes, “This remains a stock pickers’ market.”

This post appeared first on investing.com
Previous Post

D.E. Shaw plans to return billions following high hedge fund gains

Next Post

This China EV stock is a ‘Top Pick’ for 2025

Next Post
This China EV stock is a ‘Top Pick’ for 2025

This China EV stock is a ‘Top Pick’ for 2025

  • Trending
  • Comments
  • Latest
American creating deepfakes targeting Harris works with Russian intel, documents show

American creating deepfakes targeting Harris works with Russian intel, documents show

October 23, 2024
Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

October 28, 2024
Earnings call: Microsoft sees soaring cloud and AI growth in Q1 FY2025

Earnings call: Microsoft sees soaring cloud and AI growth in Q1 FY2025

October 31, 2024
Israel stocks lower at close of trade; TA 35 down 0.23%

Israel stocks lower at close of trade; TA 35 down 0.23%

October 6, 2024
Trump’s tariffs on Brazil could make your coffee even more expensive

Trump’s tariffs on Brazil could make your coffee even more expensive

0
Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

0
PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

0
East and Gulf coast ports shut down as thousands of workers go on strike

East and Gulf coast ports shut down as thousands of workers go on strike

0
Trump’s tariffs on Brazil could make your coffee even more expensive

Trump’s tariffs on Brazil could make your coffee even more expensive

July 11, 2025
Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

July 10, 2025
White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

July 10, 2025
Sports executive charged with bid-rigging in Texas arena project

Sports executive charged with bid-rigging in Texas arena project

July 10, 2025

Recent News

Trump’s tariffs on Brazil could make your coffee even more expensive

Trump’s tariffs on Brazil could make your coffee even more expensive

July 11, 2025
Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

July 10, 2025
White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

July 10, 2025
Sports executive charged with bid-rigging in Texas arena project

Sports executive charged with bid-rigging in Texas arena project

July 10, 2025

Disclaimer: WallStreetJedi.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 wallstreetjedi.com | All Rights Reserved

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 wallstreetjedi.com | All Rights Reserved