Stocks like Nvidia have more room to run, according to Bank of America The Wall Street investment bank recently named several companies that have the potential to generate solid returns. CNBC Pro combed through Bank of America research to find buy-rated stocks that are well positioned to succeed. They include: Viking , Nvidia, Apple, T-Mobile and Samsara .
T-Mobile Bank of America analyst David Barden says T-Mobile's business momentum is picking up, citing "strengthened confidence" following a series of investor meetings with company management. In particular, Barden is especially bullish on T-Mobile's broadband opportunity. "Fiber strategy is about generating returns, plain & simple," he said.
Barden also says he likes T-Mobile's proposed acquisition of U.S. Cellular's wireless spectrum, believing there's still market share to be gained in more rural areas.
"We exited the meeting confident in TMUS's ability to execute against its current plan and to continue identifying new growth segments within a mature market," he added. Meanwhile, shares of the company are up 10% this year. Barden foresees a "long growth runway ahead," he wrote.
Viking The luxury cruise company that went public in early May is firing on all cylinders, according to Bank of America. Analyst Andrew Didora initiated coverage of the stock recently with a buy rating. "VIK operates a unique, high-end business model that generates daily net per diems of over $500 — higher than every cruise line, other all-incl.