Bank of America says these five stocks are best positioned for upside amid market uncertainty

Kroger Price Objective

$85

Kroger's price objective based on 16x F28E EPS.

Williams-Sonoma Stock Increase

34%

Percentage increase in Williams-Sonoma shares in 2026.

Victoria's Secret EBIT Margin Target

10%

Target EBIT margin for Victoria's Secret by F28.

§ 01 Executive Snapshot

What: Bank of America has identified five stocks as best positioned for growth amid market uncertainty.
Who: Key companies mentioned include Williams-Sonoma, Jabil, Kroger, Celsius Holdings, and Victoria's Secret.
Why it matters: The report highlights stocks that may offer resilience and growth opportunities despite a challenging economic landscape.

Kroger shares are down more than 7% in 2026, but analyst Robert Ohmes maintains a Buy rating with a price objective of $85 based on 16x F28E EPS.
Williams-Sonoma shares have increased by almost 34% in 2026, with analysts noting the company's positioning in the luxury market targeting customers with ~$150K household income.
Victoria's Secret is projected to reach a 10% EBIT margin by F28, with significant potential for mid-to-high-teens EPS growth driven by remodeled stores.

The performance of these companies is indicative of broader trends in consumer discretionary spending and the resilience of certain retail sectors amid economic volatility.
The focus on e-commerce and digital execution reflects a shift in consumer behavior and retail strategy, which has been accelerated by recent market conditions.

Immediate market implications include increased investor interest in companies that show adaptability to changing consumer preferences and economic conditions.
Long-term implications could involve a shift in stock valuations as companies that successfully navigate market uncertainty may gain a competitive edge.

Potential risks include ongoing macroeconomic uncertainties, component shortages, and supply chain challenges that could affect performance.
Competition in the retail and consumer discretionary sectors may impact growth trajectories and margin improvements for the highlighted companies.

Key milestones to watch include the performance of remodeled stores and e-commerce initiatives for Kroger and Victoria's Secret in the upcoming quarters.
Future earnings reports will be critical in assessing whether these stocks can deliver the expected growth and meet analysts' projections.

§ 07

What stocks did Bank of America identify for growth?

Bank of America identified Williams-Sonoma, Jabil, Kroger, Celsius Holdings, and Victoria's Secret as the best positioned for growth.

Why are these stocks considered resilient amid market uncertainty?

These stocks are highlighted for their potential resilience and growth opportunities despite a challenging economic landscape.

How is Kroger performing in the market currently?

Kroger shares are down more than 7% in 2026, but analysts maintain a Buy rating with a price objective of $85.

What are the risks associated with these stocks?

Potential risks include ongoing macroeconomic uncertainties, component shortages, and supply chain challenges that could affect performance.