Chipotle (CMG) made it into the top 10 of the BofA quant growth screen, while Principal Financial Group (PFG) now ranks in the top for value.
"The screens are quantitatively generated and are based on our proprietary BofA vs. Consensus Earnings Surprise Model plus three additional screening criteria," BofA's equity and quant teams wrote in a note. "The universe we use is the S&P 500 (SP500) (NYSEARCA:SPY) (VOO) (SPLG)."
"As their names imply, the Growth 10 screen includes the ten highest ranking growth stocks according to our screening methodology, while the Value 10 screen includes the ten highest ranking value stocks according to our screening methodology."
The top 10 stocks in the Growth screen are:
- Amazon.com (AMZN), next 5-year EPS growth 8.4
- Constellation Energy (CEG), 36.1
- Chipotle Mexican Grill (CMG), 26.8
- Alphabet (GOOG) (GOOGL), 7.4
- Eli Lilly (LLY), 22
- Match Group (MTCH), 32.9
- Progressive (PGR), 40.8
- SolarEdge Technologies (SEDG), 33.1
- T-Mobile (TMUS), 44.9
- United Rentals (URI), 20.7
- See Seeking Alpha Quant Rating's top 10 stocks for 2023.
The top 10 stocks in the value screen are:
- Ameriprise Financial (AMP), trailing 12-month PE 15.2
- CF Industries Holdings (CF), 5.5
- Excelon (EXC), 20.6
- Nucor (NUE), 5.9
- NVR (NVR), 10
- Principal Financial Group (PFG)
- T-Mobile (TMUS), 4.8
- United Rentals (URI), 14.8
- Warner Bros. Discovery (WBD), N/A
- Western Digital (WDC), N/A
See Quant Rating's top 10 tech stocks for 2023.
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