Bank of America has identified several tech stocks to buy ahead of their upcoming quarterly results. The bank notably cites Box (price target raised to $50 from $42, a 19% increase), Amphenol, Spotify Technology, Camtek, and Coupang. Box is called one of the most underappreciated AI beneficiaries in application software, with a 66% gain in six months. Amphenol, scheduled to report on October 28, benefits from robust IT data demand and AI infrastructure investments. Spotify, whose AI-related fears are deemed overdone by the bank, will report on October 22.
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