Bank of America recommends buying several stocks ahead of their upcoming earnings releases: Spotify, Cisco, RB Global, Ralph Lauren and DoorDash. Spotify, which will report on August 4, is expected to show accelerating revenue growth in the second quarter of 2026, driven by moderating foreign exchange headwinds and a compelling AI product roadmap. RB Global, also reporting on August 4, is seen by the bank as a quality compounder with earnings prospects set to improve from 2025. Ralph Lauren, also reporting on August 4, benefits from solid sales momentum and average unit retail strength, along with a more favorable tariff environment, according to analyst Kendall Toscano. Spotify shares rose 9% in July, Ralph Lauren shares are up about 8% year-to-date, while RB Global has gained less than 7% over the same period.
Source: Read the original article

