BofA's Popular Stocks: Opportunities Beyond Artificial Intelligence

Bank of America's Favorite Stocks Outside of Artificial Intelligence

Bank of America (BofA) has presented a remarkable list aimed at discovering unseen opportunities for stock market investors. This list includes undervalued stocks that investors may overlook despite the growing interest in artificial intelligence.

Names That May Catch Investors' Attention

In recent weeks, AI-based stocks have experienced a volatile trend in the markets. Investors have started to consider the high valuations of these stocks and the market's shift towards excessive growth. However, BofA has identified numerous investment opportunities outside of technology-related stocks.

Companies Targeted by BofA

BofA's analysts identified companies within the S&P 500 stocks that have an “AL” rating and a market multiple below 26x. An essential criterion is that the companies are trading at least 10% below their 52-week highs.

In this context, one notable company on the list is J.B. Hunt Transport Services (JBHT). BofA argues that this company has a strong growth potential.

Another interesting company is Amcor. Bank of America analysts noted that Amcor has recently been trading below the group average for the 2026 price-to-earnings ratio. Analyst George Staphos stated, “There is a positive outlook for Amcor due to developments in the packaging sector and strategic initiatives.”

Finally, Freeport-McMoRan is another stock recommended to market investors. The company is noted to be 19% below its 52-week high and has gained 8% since the beginning of the year. Analyst Lawson Winder is optimistic about the increasing demand for the stock due to planned mining operations in Indonesia.

BofA's list, while offering growth opportunities outside of artificial intelligence, shows that these stocks can be evaluated by considering market conditions.