CNBC Pro combed through Bank of America research to find its top stocks to own this year.
They include Goldman Sachs, Morgan Stanley, Wallbox , Radian Group, Tapestry and Starbucks. Starbucks Shares of the global coffee chain are up 6% already in 2023, but analyst Sara Senatore says clients should buy the stock now. Bank of America says China reopening is a positive catalyst likely to send Starbucks shares higher. "Now that China has largely abandoned its zero-Covid policy,
's transitory China challenges and U.S. margin pressure create a particularly attractive buying opportunity," she said. Tapestry The owner of Coach and Kate Spade is firing on all cylinders, according to analyst Lorraine Hutchinson. Shares are up more than 25% over the last six months and Bank of America calls Tapestry one of its best ideas for 2023.
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