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BofA Securities recently updated its US 1 List, which comprises the best investment ideas from the firm's coverage universe of buy-rated, U.S.-listed stocks. New additions to the list include AZEK Company Inc. (NYSE:AZEK) and Salesforce Inc. (CRM), while TopBuild Corp. (BLD) was removed. These addit...
BofA Securities recently updated its US 1 List, which comprises the best investment ideas from the firm's coverage universe of buy-rated, U.S.-listed stocks. New additions to the list include AZEK Company Inc. (NYSE:AZEK) and Salesforce Inc. (CRM), while TopBuild Corp. (BLD) was removed. These additions and subtractions are based on a rigorous selection process and consideration of each stock's average daily trading volume. The US 1 List is crucial as it is weighted based on market cap and includes a diverse range of stocks, offering valuable investment opportunities for portfolio diversification and potential growth. This valuable list is a strategic tool for investors looking to diversify and optimize their investment portfolios.
The list is based on market data and analyst recommendations, with the inclusion of several high-profile stocks, such as Netflix, Starbucks, Amazon.com, Microsoft, and Apple. These stocks are carefully vetted and selected to provide investors with a combination of stability, growth potential, and market performance. With each stock's weight allocated based on market cap, this list serves as a strategic guide for investors seeking to enhance their portfolios and capitalize on market opportunities.
More about Azek Company Inc
AZEK Company Inc. is a manufacturing company specializing in plastics products, with a market capitalization of $5.53 billion. The stock is currently trading at $84.29, with a 0% change in price and a 0.45% change in volume. The Relative Strength Index (RSI) is 9.13, indicating potential oversold conditions. The company's market sentiment is bullish, with a Bollinger Bands indicator of 0.0496. The stock's 52-week high is $137.03, and the 52-week low is $40.32, with a price change of 0.285 and a volume change of 0.276.
More about Salesforce.com Inc
Salesforce.com Inc is a leading cloud-based software company in the technology sector, with a market capitalization of over $278 billion and a current stock price of $281.36. The company has shown strong sales growth, with a total revenue of $33.95 billion. Despite a relatively high price-to-earnings ratio of 109.87, the stock has shown a bullish trend, with a 2.62% increase in the last quarter. The market sentiment towards Salesforce.com Inc appears positive, with a bullish outlook on the company's future performance.
More about Topbuild Corp
Topbuild Corp is a construction-special trade contractor in the real estate and construction industry, with a market capitalization of $11.85 billion. The stock is currently trading at $19.36 with a 52-week low of $19.26 and a high of $163.7. The company has a P/E ratio of 19.36 and a market cap of $5.17 billion. The stock has shown a bullish trend with a relative strength index (RSI) of 358.73, suggesting it may be overbought. However, there is a potential risk of a bearish trend given the low support and resistance levels. It's important to note that past market behavior is not always a reliable indicator of future performance.
More about Netflix Inc
Netflix Inc. is a company in the services-video tape rental industry with a market cap of $249.66 billion. The stock is currently trading at $521.14 with a 52-week low of $12.04 and a high of $76.37. The Relative Strength Index (RSI) is at 16.22, indicating that the stock may be oversold. The company's subscription-based streaming service has contributed to its strong market performance. However, there may be potential risks associated with increased competition in the streaming industry and the company's high valuation. It's important to consider these factors when evaluating the stock's potential future performance.
More about Starbucks Corporation
Starbucks Corporation, a leading player in the retail-eating & drinking places sector, has a market capitalization of $106.20 billion. The stock is currently trading at $110.50, with a price-to-earnings ratio of 25.91 and a dividend yield of 2.16%. The stock has shown a 3.62% increase in the last quarter and has a 52-week range of $31.37 to $110.50. Market sentiment appears to be bullish with a relative strength index (RSI) of 59.37, indicating a slightly overbought condition. However, there is a potential risk of market volatility given the current economic uncertainty, so caution is advised in making investment decisions based on this analysis.
More about Lowe's Companies Inc
Lowe's Companies Inc is a retail company specializing in home improvement, with a market capitalization of $121.83 billion. The stock has a current price of $229.87, with a 52-week low of $153.11 and a high of $16.23. This indicates a bullish trend in the stock performance, with a positive 4.3% return. The company's Relative Strength Index (RSI) of 11.44 suggests that the stock is currently oversold, potentially indicating a buying opportunity. However, it's important to note that the stock has experienced a negative trend of -0.128, which may indicate potential risks or uncertainties in the market sentiment. As a technical analyst, it's crucial to consider these factors and conduct further analysis before making any investment decisions.
More about Amazon.com Inc
Amazon.com Inc is a leading multinational technology company with a strong focus on e-commerce, cloud computing, digital streaming, and artificial intelligence. As one of the Big Five companies in the U.S. information technology industry, it holds significant influence in the global economy and culture. The company's market capitalization stands at $1.666 trillion, with a current stock price of $3,732.87. The stock has shown a 1.9% increase over the past month, indicating a bullish trend. However, it's important to note that the Relative Strength Index (RSI) is at 53.95, suggesting a potential risk of overbought conditions. With a market sentiment leaning towards positive, it's essential to keep an eye on the support and resistance levels, as well as any potential breakouts or head and shoulders patterns that may signal a change in trend. Despite its strong performance, past market behavior is not always a reliable indicator of future performance, and there are uncertainties that should be considered when making investment decisions.
More about Hilton Worldwide Holdings Inc
Key financial metrics for Hilton Worldwide Holdings Inc. include a market cap of $49.5 billion, a stock price of $39.02, a dividend yield of 0.6%, and a price-to-earnings ratio of 16.33. The company also has a total revenue of $4.33 billion and an earnings per share of $0.143.
Stock performance for Hilton Worldwide Holdings Inc. has been relatively stable, with a modest dividend yield and a moderate price-to-earnings ratio. The stock price of $39.02 suggests a bullish trend, but with a relatively low dividend yield and P/E ratio, the market sentiment may be cautious.
Market sentiment for Hilton Worldwide Holdings Inc. may be influenced by the overall performance of the real estate and construction sector, as well as the hospitality industry, both of which have their own specific market trends and influences.
More about Costco Wholesale Corp
Costco Wholesale Corporation is a significant player in the retail-variety stores sector, with a market cap of $307.95 billion. The stock is currently trading at $553.46, with a 52-week range of $47.41 to $676.19. The stock has a P/E ratio of 3.96 and a dividend yield of 0.62%, indicating strong value and income potential for investors. However, it's important to note that market sentiment is currently mixed, with a relatively low RSI of 14.64, suggesting potential oversold conditions. The stock is currently trading below its 50-day and 200-day moving averages, indicating a bearish trend. Investors should be cautious and monitor for potential support and resistance levels, as well as any potential breakouts or reversals in the stock's performance.
More about Schlumberger NV
Schlumberger Limited is an oilfield services company with four principal executive offices located in Paris, Houston, London, and The Hague. The company operates in the energy and transportation sector, specifically in oil and gas field services. With a market cap of $75,894,997,000, the stock is currently trading at $18.28. Over the past year, the stock has seen a 1% change, with a 2.91% dividend yield. The stock has a 52-week high of $23.25 and a low of $12.7. Schlumberger's annual revenue is reported at $33,135,000,000, with a price-to-earnings ratio of 69, and an earnings per share of 0.042. The company's current ratio is 0.141.
This analysis highlights key financial metrics, stock performance, and market sentiment in a concise and informative manner, utilizing HTML paragraph tags to structure the information for easy readability.
More about Progressive Corp
Progressive Corp, a leading insurance provider in the United States, has shown positive financial metrics with a market cap of $105.01 billion and a current stock price of $187.53. The company's stock performance has seen a 6.52% increase, indicating a bullish trend. Market sentiment appears to be favorable, with a relatively low beta of 0.254, suggesting lower volatility compared to the market. However, it's important to note that past performance is not always indicative of future results, and potential risks should be carefully considered before making any investment decisions.
More about Blue Owl Capital Inc
Blue Owl Capital Inc is an asset manager in the real estate and construction sector, with a market capitalization of $22.49 billion and a stock price of $199.5. The stock has shown a small increase of 0.56% with a positive RSI of 17.27, indicating a potential bullish trend. However, the stock is currently trading near its resistance level, with a low trading volume of 1.63 billion. The company's financial metrics show a low P/E ratio of 3.561 and a low beta of 0.0232, suggesting lower volatility compared to the market. Overall, market sentiment for Blue Owl Capital Inc appears to be cautiously optimistic, with potential risks associated with the stock trading near its resistance level and low trading volume.
More about Renaissancere Holdings Ltd
RenaissanceRe Holdings Ltd. (NYSE: RNR) is a leading provider of insurance and reinsurance products operating in the United States and internationally. With a market capitalization of $11.26 billion, the company has shown steady growth and resilience in the fire, marine, and casualty insurance sector. The stock performance has been positive, with a current price of $241.64 and a 1-year change of 30.64%. The Relative Strength Index (RSI) of 175.33 indicates a strong bullish trend, while the Bollinger Bands suggest a potential breakout in the near future. However, it's important to note that past market behavior is not always a reliable indicator of future performance, and there are potential risks and uncertainties associated with investing in the stock.
More about U.S. Bancorp
U.S. Bancorp, a leading American bank holding company, has reported strong financial metrics with a market capitalization of $66.43 billion and a current stock price of $47.91. The stock has shown a 1-year return of 13.04% and a 3-year return of 16.68%, indicating steady performance. However, the Relative Strength Index (RSI) stands at 47.91, suggesting a slight bearish sentiment in the market. The company's revenue of $25.73 billion reflects its strong position in the financial sector. Despite positive performance, potential risks and uncertainties should be considered, as past market behavior is not always indicative of future performance.
More about Fidelity National Information Services Inc
Fidelity National Information Services Inc (FIS) is a Fortune 500 company offering a wide range of financial products and services, with a focus on Financial Technology (FinTech). As of Q2 2020, FIS operates in three primary segments: Merchant Solutions, Banking Solutions, and Capital Market Solutions. The stock performance shows a 2.03% increase, with a negative 27.76% return on equity, and a 24.74% profit margin. Market sentiment is currently at -1.657, with a market cap of 14.645 billion. It's important to note that past market behavior is not always a reliable indicator of future performance, and potential risks or uncertainties should be considered.
More about Boston Scientific Corp
Key Financial Metrics:
- Total Revenue: $13,757,000,000
- Market Cap: $89,817,924,000
- Stock Price: $74.77
- EPS: $0.82
- P/E Ratio: 9.52
- Dividend Yield: 0.0893
- Book Value: $64.83
- Debt-to-Equity Ratio: 1.833
- Current Ratio: 0.113
Stock Performance:
- Boston Scientific Corp stock is currently trading at $74.77, with a market cap of $89,817,924,000.
- The EPS of $0.82 and P/E ratio of 9.52 indicate relatively strong financial performance.
- The dividend yield of 0.0893 suggests a potential for income for investors.
Market Sentiment:
- Boston Scientific Corporation operates in the life sciences and surgical & medical instruments & apparatus industry.
- The company's diverse range of medical devices for various specialties indicates a strong market presence.
- However, potential risks may include the company's relatively high debt-to-equity ratio of 1.833 and a current ratio of 0.113, which may indicate liquidity concerns.
- Investors should also consider the company's reliance on the healthcare industry and potential regulatory challenges in the future.
More about Thomson Reuters Corp
Thomson Reuters Corp provides business information services in multiple regions and industries, including manufacturing and miscellaneous publishing. With a market cap of 67.4 billion and a stock price of 138.36, the company appears to be stable and well-established. The stock has a P/E ratio of 31.48 and a dividend yield of 1.932, indicating solid financial performance. However, the stock has a beta of 0.331, suggesting lower volatility compared to the overall market. This could indicate a conservative investment choice but may also limit potential returns. The company's performance and market sentiment appear to be positive, but potential risks and uncertainties should be considered, as past performance is not always indicative of future results.
More about FedEx Corporation
FedEx Corporation is an American multinational delivery services company, specializing in air courier services. With a market capitalization of $61.76 billion and a current stock price of $297.46, the company has shown a 13.3% decrease in stock performance over the past year. Despite this decline, the stock has a relatively low P/E ratio of 14.67, indicating potential value for investors. The company's revenue of $87.945 billion and profit margin of 4.88% demonstrate its strong position in the market. However, the stock is currently trading below its 50-day moving average, suggesting a bearish trend. Market sentiment towards FedEx Corporation is mixed, with potential risks associated with its recent performance. Investors should be cautious and monitor the stock closely for any potential opportunities or threats.
More about Vertiv Holdings Co
Vertiv Holdings Co is a company that designs, manufactures, and services critical digital infrastructure technologies and lifecycle services for data centers, communication networks, and commercial and industrial environments in various regions. With a market capitalization of $20,727,558,000, the stock is currently trading at $81.10, with a slight increase of 0.01%. The stock has a price-to-earnings ratio of 17.55 and a relatively low beta of 0.0382, indicating lower volatility compared to the overall market. The company's total revenue is $6,652,400,000, with a current stock price of $53.05 and an earnings per share of 3.268. The market sentiment for Vertiv Holdings Co appears to be positive, with a bullish trend in the stock performance. However, it's important to consider potential risks and uncertainties in the market, as past behavior is not always indicative of future performance.
More about Union Pacific Corporation
Union Pacific Corporation is a publicly traded railroad holding company with a market cap of $149.45 billion. The stock has a current dividend yield of 2.3% and a P/E ratio of 10.66. The stock price has a 52-week range of $255.36 to $39.59, with a current price of $255.36. The company's operating margin is 5.2% and it has a return on equity of 26.5%. The market sentiment for Union Pacific Corporation is currently neutral, with a slight decrease in stock price of -0.3%.
More about Microsoft Corporation
Microsoft Corporation is a leading technology company with a market capitalization of $3.045 trillion. The stock is currently trading at $423.89 per share, with a 52-week high of $439.66 and a low of $218.31. The stock has a beta of 0.353, indicating lower volatility compared to the overall market. Microsoft has a price-to-earnings (P/E) ratio of 29.35, reflecting the market sentiment towards the company's future earnings potential. The company's relative strength index (RSI) is at 39.66, suggesting that the stock is neither overbought nor oversold at the moment. From a technical analysis perspective, Microsoft's stock is currently trading below its 50-day and 200-day moving averages, indicating a potential bearish trend. However, it's important to note that past market behavior is not always a reliable indicator of future performance, and there may be uncertainties and risks associated with the current market sentiment towards Microsoft Corporation.
More about Arista Networks
Arista Networks is a technology company specializing in computer communications equipment, with a market capitalization of $83.33 billion. The stock is currently trading at $245.5 per share, with a price-to-earnings ratio of 44.64. The stock has shown a 6% increase in the last month and has a 1-year return of 18.17%. The company's market sentiment is currently bullish, with a Relative Strength Index (RSI) of 0.522, indicating potential overbought conditions. The stock is currently trading above its 50-day and 200-day moving averages, suggesting a positive trend. However, it's important to note that past performance is not indicative of future results, and there may be potential risks or uncertainties associated with this analysis.
More about Fortinet Inc
Fortinet Inc (Nasdaq: FTNT) is a multinational corporation in the cybersecurity industry, with a market capitalization of $51.73 billion. The stock is currently trading at $61.32, with a price-to-earnings ratio of 45.92. The company has shown steady growth, with a 1-year return of 6.61% and a 5-year return of 223%. Market sentiment towards Fortinet is bullish, as the company continues to develop and sell cybersecurity solutions, including physical products and software services. However, potential risks and uncertainties in the market should be considered, as past performance is not always indicative of future results.
More about Amphenol Corporation
Amphenol Corporation is a major producer of electronic and fiber optic connectors, cable and interconnect systems such as coaxial cables. The company reported a market capitalization of $60,698,550,000 with a stock price of $32.62. The stock has shown a positive performance with a 0.85% increase and a 3.11% rise in the Relative Strength Index (RSI). Market sentiment appears bullish with a 21.05% increase in the Bollinger Bands. However, there is a slight decrease in the company's net income, which is currently at $12,554,700,000, and a small increase in the debt-to-equity ratio, currently at 107.45. Investors should be cautious and consider potential risks associated with the company's financial metrics and market trends.
More about Marvell Technology Group Ltd
Marvell Technology Group Ltd, a company in the manufacturing sector specializing in semiconductors and related devices, has reported a net income of 0.24, a decrease from the previous period. The stock performance has seen a decline of 0.65, with a current price of 6.41. Market sentiment appears to be slightly bearish with a negative trend in the relative strength index at -0.101. The company's market capitalization stands at 5499700000, with a price-to-earnings ratio of 72. Overall, the technical indicators suggest a bearish sentiment with potential downside risks for investors to consider.
More about Apple Inc
Apple Inc. is the world's largest technology company by revenue, totaling $274.5 billion in 2020. Since January 2021, it has been the world's most valuable company. As of 2021, Apple is the world's fourth-largest PC vendor by unit sales and the fourth-largest smartphone manufacturer. With a market capitalization of $2.96 trillion, the stock has a current price of $31.23, with a 0.94% change. The stock has a 6.14% dividend yield and a 24.34 P/E ratio. The Relative Strength Index (RSI) is at 0.253, indicating a neutral sentiment. The stock is trading at a support level of $383.28 billion, with a resistance level of $199.90 billion. The stock is currently in a bearish trend, with potential risks or uncertainties in the market affecting its performance.
More about Sealed Air Corporation
Sealed Air Corporation is a packaging company known for its brands: Cryovac food packaging and Bubble Wrap cushioning packaging. The stock performance for Sealed Air Corporation shows a market sentiment that is slightly bearish, with a decrease in stock price of -0.575 and a decrease in percentage of -0.013. The company's financial metrics indicate a market capitalization of $17.3 billion and a revenue of $5.5173 billion. Overall, the company operates in the life sciences and plastic material industry, with a focus on synthetic resin/rubber and cellulose. The current stock price stands at $38.21, and the company's market sentiment indicates potential risks or uncertainties in the market.
More about Welltower Inc
Welltower Inc. is a real estate investment trust that invests in healthcare infrastructure. The stock is currently trading at $164.47 with a 2.44% increase, indicating positive stock performance. The company has a market sentiment of 0.53, suggesting a relatively optimistic outlook. Welltower Inc. has a market capitalization of $48.25 billion and a relative strength index (RSI) of 12.66, indicating potential overbought conditions. The stock's trading volume is 6,322,204,000, and the stock has a moving average of 94.5, suggesting the stock is currently above its average price over a specific time period. The Bollinger Bands value of 0.041 indicates that the stock is trading close to its upper band, which may signal a potential reversal in the trend. While the stock is currently showing bullish trends, it's important to consider potential risks and uncertainties associated with the analysis, as past market behavior is not always a reliable indicator of future performance.
More about PG&E Corp
PG&E Corporation, a company engaged in the sale and delivery of electricity and natural gas in northern and central California, displayed a stock performance with a current price of $19.76, a change of 0.86 (4.55%) and a market cap of $43.21B. The Relative Strength Index (RSI) is at 11.22, indicating an oversold condition. The company's financials show a net income of $22.76B and an earnings per share (EPS) of $0.0807. However, the stock has experienced a decline of -0.238 in the last quarter. The market sentiment for PG&E Corp is currently bullish, but with the stock trading near its support level, there is a potential risk of a further decline in the stock price.
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