Updated
Updated · CNBC · Jun 27
Bank of America Picks 5 Stocks for Upside as Volatility Clouds 2026 Markets
Updated
Updated · CNBC · Jun 27

Bank of America Picks 5 Stocks for Upside as Volatility Clouds 2026 Markets

2 articles · Updated · CNBC · Jun 27

Summary

  • Bank of America named five buy-rated stocks it sees as resilient in uncertain markets: Williams-Sonoma, Jabil, Kroger, Celsius Holdings and Victoria's Secret.
  • Kroger anchors the defensive case despite a 7% share drop this year, with the bank citing e-commerce growth, labor-driven store execution and private-label strength while keeping an $85 price objective.
  • Williams-Sonoma, up nearly 34% in 2026, was upgraded to buy on margin upside and an 'affordable luxury' customer base around $150,000 household income that BofA says can hold up without a housing rebound.
  • Victoria's Secret, already up about 63% this year, could still climb as remodeled stores post double-digit sales lifts and BofA targets a 10% EBIT margin by fiscal 2028.
  • Celsius and Jabil round out the list, with BofA pointing to sustained drink demand, Pepsi distribution gains, cloud growth and exposure to EVs, healthcare and renewables as longer-term catalysts.

Insights

Amid economic uncertainty, why are analysts betting on both value groceries and affordable luxury to thrive?
Kroger sells groceries, but is its hidden data business the real reason Wall Street is buying its stock?
How did Jabil pivot from electronics manufacturing to powering the global AI and green energy race?