Bank of America says these five stocks have more room to run ahead of earnings

CNBC

26-07-2025

Bank of America said this week it sees a host of companies that are well positioned ahead of earnings. Analysts named stocks like Amazon that have compelling valuations or expected catalysts as quarterly reporting season continues. Other buy-rated names it cited include: Anheuser-Busch InBev, Oddity Tech , Bilibili and AppLovin. Oddity Tech The global beauty tech platform is firing on all cylinders, the firm wrote. Analyst Anna Lizzul praised the company's "innovative" digital offering in a recent note and says it has a wide moat for growth. "With the vast majority of its sales direct-to-consumer (DTC) we see ODD at a strategic vantage point to grow with this rise," she wrote. The firm also raised its price target to $80 per share from $68 in advance of the company's earnings report on Aug. 4. "We see ODD well positioned to benefit from the beauty category increasingly moving to online sales as consumers' preferred purchasing channels shift," she went on to say. Shares are up 64% this year. Bilibili Analyst Miranda Zhuang is standing by shares of the China-based online video platform. Bank of America recently attended an investor day and came away feeling even more constructive on the stock. "Management highlighted strategies centering on high-quality content, AI empowerment to content and monetization, long-lifecycle games," she wrote. Zhuang raised her price target on the stock to $27 per share from $25 citing the company's second-quarter earnings report in mid-August as yet another positive catalyst for the stock. "We reiterate our Buy rating given Bilibili's unique platform value proposition, long growth runway, and benefits from AI," Zhuang said. Bilibili shares are up 28% this year. Anheuser-Busch InBev Shares of the alcoholic beverage giant have plenty more room to run, according to the firm. The company is scheduled to report its second-quarter earnings on July 31. "Volume in Q2 will likely be held back, again, by China and the US, but we expect continued margin expansion in Q2, supporting +5.6% organic EBITDA growth," analyst Andrea Pistacchi wrote. However, despite the possible volume decline, the firm says there's plenty of other positive catalysts. "One of the main areas of focus for Q2/H1 results will be share buy backs," he said. Meanwhile, shares of the company are up almost 40% this year. "We continue to like ABI, as one of the most reliable staples compounders," he went on to say. Oddity Tech "An innovative consumer tech platform, ODD utilizes proprietary technology to provide consumers with product recommendations. We see ODD well positioned to benefit from the beauty category increasingly moving to online sales as consumers' preferred purchasing channels shift. ... With the vast majority of its sales direct-to-consumer (DTC) we see ODD at a strategic vantage point to grow with this rise." Bilibili "Management highlighted strategies centering on high-quality content, AI empowerment to content and monetization, long-lifecycle games. ... We reiterate our Buy rating given Bilibili's unique platform value proposition, long growth runway, and benefits from AI. ... We expect 2Q ad business to benefit from good ad spend from ecommerce campaigns and the digital products category." Anheuser-Busch InBev "Volume in Q2 will likely be held back, again, by China and the US, but we expect continued margin expansion in Q2, supporting +5.6% organic EBITDA growth. .... One of the main areas of focus for Q2/H1 results will be share buy backs. ... We continue to like ABI, as one of the most reliable staples compounders." AppLovin "APP remains top pick under coverage. We see big upside to CY26 EBITDA expectations, with this print potentially prompting upward revisions; the vast majority of investors we spoke with appear to exclude both a continued managed service onboarding ramp, and a major self-serve ramp in CY26." Amazon "Expect retail beat, AWS growth in focus for 2nd half. ... We think Amazon's focus on the customers and the buyer experience is right for the Internet. We think Amazon is well positioned to capitalize on the global growth of eCommerce and other secular trends such as cloud computing, online advertising and connected devices." Read more.