Bank of America says stocks like Apple have plenty of upside following earnings

Bank of America named a slew of stocks that have more room to run following quarterly earnings. The firm said companies like Apple are firing on all cylinders heading into the remainder of 2026. Other stocks Bank of America rated buy and highlighted recently include Baker Hughes , Caterpillar, Evercore and Disney. Caterpillar Shares of the machinery and agriculture giant have gained more than 175% in the past 12 months, but Bank of America said investors should keep buying the stock. Analyst Michael Feniger said Caterpillar is in a "sweet spot" with many levers to pull. "Today, CAT's story is about 'growth'. Over time, a rising mix of [earnings per share] tied to resilient, high margin services can underpin create a steadier EPS profile," he wrote recently. Feniger also raised his price target to $989 per share from $930. "CAT increasing capacity is a clear driver to revenue – i.e., higher output of OE [original equipment] units," he added. The analyst said that the company is "not even 'firing on all cylinders'" yet, with more upside ahead. Baker Hughes The oilfield services company is also poised for more gains, according to Bank of America. "BKR's unique position at the intersection of energy/industrial markets continues to drive differentiated financial performance," analyst Saurabh Pant said. The firm said that while there are headwinds from the Iran war, the company's recent earnings report shows Baker Hughes has the chops to persevere. …