The new trading year is getting started, and investors might be looking to make this one either as strong as 2024 was or even stronger yet. To do this, it is always preferred to start on a strong note, meaning that the first quarter of the year has to bring about a net outperformance to give portfolios enough momentum and room to pursue some of the more aggressive growth projects later in the year.
There is one easy way investors can land the right deals this first quarter, as it all has to do with momentum. Wall Street analysts love to upgrade and boost stocks that are considered an “easy win” for them, and that usually has to do with either the strongest thesis out in the market or the stocks with the best momentum. Be that as it may, today’s list of upgrades by Bank of America analysts will serve investors well during this first quarter.
