Top Stocks Recommended for Purchase in October, as Suggested by Bank of America
Bank of America Recommends Stocks for October Recovery
In a strategic move, Bank of America's analysts have suggested a list of stocks that could potentially outperform if the US economy shifts into a recovery phase. While the exact list of nine stocks was not explicitly detailed, the focus is on economically sensitive, undervalued, and more volatile companies.
The following stocks are some notable names that fit Bank of America’s Buy rating criteria, as outlined in their thematic outlook for stocks suitable for the current market regime anticipated for late 2025:
- Host Hotels & Resorts (Ticker: HST) - This real estate company has a forward price-to-earnings ratio of 8.1, a beta of 1.2, and a market cap of $21 billion.
- Devon Energy (Ticker: DVN) - This energy company has a forward price-to-earnings ratio of 8.0, a beta of 1.1, and a market cap of $21 billion.
- United Airlines (Ticker: UAL) - This airline company has a forward price-to-earnings ratio of 7.7, a beta of 1.3, and a market cap of $28.5 billion.
Other stocks on the list, not explicitly enumerated in the search results, include:
- TopBuild - With a target price of $454, this company represents a 16 percent upside.
- Tapestry - This fashion company has a target price of $48, representing a six percent upside.
- The Kraft Heinz Company - This food company has a target price of $38, representing a seven percent upside.
- The Progressive Corporation - This insurance company has a target price of $268, representing a seven percent upside.
- Spotify - This media company has a target price of $398, representing a six percent upside.
- Citigroup - This financial services company has a target price of $72, representing a ten percent upside.
- Intuitive Surgical - This medical device company has a target price of $504, representing a four percent upside.
- Fidelity National Information Services - This financial services company has a target price of $86, representing a zero percent upside.
It is worth noting that there is a conflict of interest notice for the publication regarding Spotify and Alphabet (C). For the most current top stock picks specifically for October 2025 from Bank of America, monitoring their official research notes or client alerts directly may yield the exact recommended portfolio.
Here's a summary of the companies mentioned, their sectors, forward price-to-earnings ratios, betas, and market caps:
| Company | Ticker | Sector | Forward P/E | Beta | Market Cap ($B) | |----------------------|--------|--------------|-------------|------|-----------------| | Host Hotels & Resorts | HST | Real Estate | 8.1 | 1.2 | 21 | | Devon Energy | DVN | Energy | 8.0 | 1.1 | 21 | | United Airlines | UAL | Industrials | 7.7 | 1.3 | 28.5 | | TopBuild | - | - | - | - | - | | Tapestry | - | - | - | - | - | | The Kraft Heinz Company | - | Consumer Goods | - | - | - | | The Progressive Corporation | - | Finance | - | - | - | | Spotify | - | Media | - | - | - | | Citigroup | - | Finance | - | - | - | | Intuitive Surgical | - | Healthcare | - | - | - | | Fidelity National Information Services | - | Finance | - | - | - |
In the context of Bank of America's stock recommendations for October recovery, "TopBuild", a company with a target price of $454 and a potential 16% upside, can be considered for investing. Similarly, "Tapestry", a fashion company with a target price of $48 and a six percent upside, is another notable name in line with Bank of America’s Buy rating criteria.
