Analysts at Bank of America released a list on Friday detailing their top 10 favorite stocks across 10 sectors for 2015.
The full list includes:
- Consumer Discretionary: General Motors GM due to its healthy yield with a potential to grow dividends.
- Consumer Staples: Wal-Mart Stores WMT given the fact that lower gasoline prices “disproportionately” help lower income consumers .
- Energy: Exxon Mobil XOM given its lower sensitivity to oil prices compared to the rest of the Energy sector.
- Financials: Unum Group UNM due to its strong free cash flow generation and initiatives to return cash to shareholders.
- Health Care: Pfizer PFE due to strong balance sheet and ability to invest in its product pipeline.
- Industrials: General Electric GE due to expectations that its Industrial segment will generate double-digit earnings per share growth through 2016.
- Information Technology: Intel INTC due to its position to take advantage of the Internet of Things and Big Data/Cloud.
- Materials: Alcoa AA due to a good cash flow outlook coupled with aluminum forecasts suggesting upside to expectations.
- Telecom Services: Verizon Communications VZ due to its high dividend yield and divined growth potential.
- Utilities: NextEra Energy NEE due to its superior dividend growth rate and above average rate base growth.
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