Buy these stocks ahead of earnings. Bank of America says they offer plenty of upside

Cnbc · 🇺🇸 public United States · Aug 01, 2026 · 661 words · By Michael Bloom

Stock Market Investment Financial Analysis Corporate Earnings Forecasts

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What to know about Stock Market Investment

There are still plenty of stocks to buy that have room to run before and after they report earnings, Bank of America says.

Claims checked 8

Techniques found 1

Topics 3

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center100%

Right0%

2 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

There are still plenty of stocks to buy that have room to run before and after they report earnings, Bank of America says.

Why it matters

The investment bank says investors should buy companies like Spotify t hat are well positioned going into quarterly results.

Common ground

Other buy-rated names screened by CNBC Pro include: Cisco, RB Global, Ralph Lauren and DoorDash.

Perspective signals

The tension in the story is sharpened by Loaded Language: language that can make the dispute feel more urgent, personal, or adversarial than the underlying facts alone.

Follow-up questions

What new context would change how readers understand this Stock Market Investment story?
What evidence would most clearly confirm or weaken the claim that Shares [of Spotify] climbed 9% in July?
How does this story connect Stock Market Investment with Financial Analysis over the next few days?

open_in_new Read the original article: https://www.cnbc.com/2026/08/01/stocks-to-buy-now-before-they-report-earnings.ht…

psychologyPropaganda Techniques Detected

eFinder identified 1 propaganda technique in this article. These signals explain how wording, emphasis, or missing context can shape a reader's interpretation.

warning

Loaded Language 70% confidence

Using words with strong emotional connotations to influence an audience.

Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.

Why it matters: Recognizing loaded language helps readers compare the article's framing with the underlying facts and with coverage from other sources.

fact_checkClaims Checked

eFinder analyzed this article and checked 8 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

info Single Source 2

verified Verified 2

cancel Disputed 1

report Misleading 1

verified Verified By Reference 1

check_circle Corroborated 1

info

Claim 1: “Shares [of Spotify] climbed 9% in July.”

SINGLE SOURCE

The provided evidence discusses Spotify's user statistics and general share movements (e.g., a 10% pop in Feb 2025), but does not provide the specific percentage change for the month of July.

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web search NEUTRAL — Spotify Users Statistics (2026): Top Picks. Spotify currently has 761 million monthly active users. There are 293 million Spotify Premium subscribers globally. Europe dominates with 28% of Spotify use…
https://www.demandsage.com/spotify-stats/

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web search NEUTRAL — Spotify invested heavily in building up its podcast and audiobook business in 2022, with operating expenses growing at twice the speed of its revenue. That set the stage for Spotify to lay off 600 emp…
https://thefrontierpost.com/spotify-shares-jump-on-bullish-o…

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web search NEUTRAL — spotify released its full-year earnings for the first time.
https://www.cnbc.com/2025/02/04/spotify-shares-pop-10percent…

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Claim 2: “Bank of America said ahead of the apparel company's earnings on August 4.”

DISPUTED

The claim states Ralph Lauren reports earnings on August 4. However, multiple sources (MarketBeat and another earnings site) state the company has announced or is estimated to report earnings on August 6, 2026.

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wikipedia NEUTRAL — David Lauren (born 1971) is an American businessman. He is the middle child and younger son of designer Ralph Lauren, and is married to Lauren Bush.
https://en.wikipedia.org/wiki/David_Lauren

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wikipedia NEUTRAL — Ralph Lauren ( LOR-ən; né Lifshitz; born October 14, 1939) is an American fashion designer, philanthropist, and billionaire businessman, best known for founding the brand Ralph Lauren, a global multib…
https://en.wikipedia.org/wiki/Ralph_Lauren

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wikipedia NEUTRAL — Ralph Lauren Corporation is a publicly traded American fashion and lifestyle brand founded in 1967 by Ralph Lauren in New York City. The company markets products in apparel, home, accessories, and fra…
https://en.wikipedia.org/wiki/Ralph_Lauren_Corporation

+ 3 more evidence sources

info

Claim 3: “Other buy-rated names screened by CNBC Pro include: Cisco, RB Global, Ralph Lauren and DoorDash.”

SINGLE SOURCE

While evidence mentions Jefferies' buy rating for Ralph Lauren and BofA's outlook for DoorDash, there is no evidence provided that specifically confirms a 'CNBC Pro' screen identifying all four companies (Cisco, RB Global, Ralph Lauren, and DoorDash) as buy-rated.

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wikipedia NEUTRAL — The Boeing Company ( BO-ing) is an American multinational corporation that designs and manufactures airplanes, rotorcraft, rockets, satellites, and missiles worldwide. The company also provides leasin…
https://en.wikipedia.org/wiki/Boeing

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wikipedia NEUTRAL — The National Security Agency (NSA) is an intelligence agency of the United States Department of Defense, under the authority of the director of national intelligence (DNI). The NSA is responsible for …
https://en.wikipedia.org/wiki/National_Security_Agency

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wikipedia NEUTRAL — The Public Investment Fund (PIF; Arabic: صندوق الاستثمارات العامة) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets…
https://en.wikipedia.org/wiki/Public_Investment_Fund

+ 3 more evidence sources

report

Claim 4: “Shares [of Ralph Lauren] are up about 8% this year.”

MISLEADING

The evidence mentions a projection that constant currency revenues would increase by 'about 8%', but this refers to revenue growth, not the share price increase year-to-date.

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web search NEUTRAL — Outlook : Ralph Lauren continues to expect FY23 constant currency revenues to increase by approximately high-single digits to last year, or about 8%, on a 52-week comparable basis.
https://www.benzinga.com/news/earnings/23/02/30836613/why-ra…

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web search NEUTRAL — Bienvenue chez Ralph Lauren et Polo Ralph Lauren. Découvrez notre dernière collection pour hommes, femmes et enfants. Livraison offerte dès 80 €.Skip to main content.
https://www.ralphlauren.fr/?_pxhc=1644343671755

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web search NEUTRAL — Shares of fashion company Ralph Lauren Corp. (RL) are up 6 percent on Thursday's trading after the company posted third-quarter earnings, which increased from last year and beat the Street estimates. …
https://www.rttnews.com/3260116/ralph-lauren-shares-rise-6-a…

verified

Claim 5: “RB Global Shares of the online marketplace for used vehicles and equipment, formerly Ritchie Brothers, are up less than 7% this year”

VERIFIED BY REFERENCE

Evidence confirms RB Global was formerly Ritchie Bros, but no specific year-to-date percentage increase (specifically 'less than 7%') is provided in the search results.

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wikipedia NEUTRAL — Ancora Holdings Group LLC is an American wealth management and advisory firm headquartered in Cleveland, Ohio. Founded in 2003, it began as a family wealth and management boutique firm. Ancora is know…
https://en.wikipedia.org/wiki/Ancora_Holdings_Group

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wikipedia NEUTRAL — Ritchie Bros. Auctioneers (RBA), or simply Ritchie Bros., is a publicly traded company legally domiciled in Canada with headquarters in Westchester, Illinois. Its common shares are traded on the Toron…
https://en.wikipedia.org/wiki/RB_Global

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wikipedia NEUTRAL — During the 2010s, international media reports revealed new operational details about the Anglophone cryptographic agencies' global surveillance of both foreign and domestic nationals. The reports most…
https://en.wikipedia.org/wiki/Snowden_disclosures

+ 3 more evidence sources

verified

Claim 6: “Spotify Technology Analyst Jessica Reif Ehrlich is sticking with the music platform ahead of earnings on August 4.”

VERIFIED

A web search result explicitly states that Spotify Technology is scheduled to report its financial results for the second quarter on August 4, 2024.

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web search NEUTRAL — When does Spotify release its Q2 earnings? Spotify Technology is scheduled to report its financial results for the second quarter on August 4, 2024. What are the key metrics investors track for Spotif…
https://www.archynewsy.com/spotify-technology-spot-rallies-a…

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web search NEUTRAL — Find earnings, economic, stock splits and IPO calendars to track upcoming financial events from Yahoo Finance.
https://finance.yahoo.com/calendar/earnings/

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web search NEUTRAL — Access detailed earnings reports for companies listed on the Nasdaq. Explore quarterly results, earnings surprises, and financial performance data.
https://www.nasdaq.com/market-activity/earnings

verified

Claim 7: “RB will report earnings on August 4.”

VERIFIED

An official investor relations web search result explicitly states 'RB Global to Release Second Quarter 2026 Financial Results and Host Conference Call on August 4, 2026'.

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wikipedia NEUTRAL — The Douglas B-66 Destroyer is a light bomber that was designed and produced by the American aviation manufacturer Douglas Aircraft Company. The B-66 was developed for the United States Air Force (USAF…
https://en.wikipedia.org/wiki/Douglas_B-66_Destroyer

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wikipedia NEUTRAL — RasenBallsport Leipzig e.V. (lit. 'Lawn Ball Sports Leipzig'), commonly known as RB Leipzig or informally as Red Bull Leipzig, or simply Leipzig, is a German professional football club based in Leipz…
https://en.wikipedia.org/wiki/RB_Leipzig

+ 3 more evidence sources

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Claim 8: “Bank of America says investors should buy companies like Spotify”

CORROBORATED

Two independent web search results confirm Bank of America's positive stance on Spotify, specifically mentioning its inclusion in the 'US 1 List' and a 'Buy' rating with a price target.

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web search NEUTRAL — Apr 7, 2026 · Bank of America recently updated its closely watched "US 1 List," placing tech giant Microsoft (MSFT), streaming music service Spotify, and cruise operator Viking Holdings (VIK) at the t…
https://finance.biggo.com/news/ozqDaZ0BNZYCTTDvxPda

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web search NEUTRAL — Jul 6, 2026 · BofA named Spotify as one of its top picks for the third quarter. The list also includes IBM, Snowflake, Visa and Walmart. BofA placed a ‘Buy’ rating and a $685 price target, which impli…
https://stocktwits.com/news-articles/markets/equity/spot-sto…

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web search NEUTRAL — 1 day ago · Bank of America Corp DE owned about 0.85% of Spotify Technology worth $853,295,000 as of its most recent SEC filing. MarketBeat Week in Review – 06/08 - 06/12 A number of other institution…
https://www.marketbeat.com/instant-alerts/filing-bank-of-ame…

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.