Oppenheimer updated its OPCO Trifecta stock list on July 1, 2026. The firm added Bank of America Corp., anticipating a more favorable market environment later in the year. This inclusion reflects a recommended strategic rotation in investor portfolios, highlighting a shift towards high-momentum stocks.
Oppenheimer assigned a "Strong Buy" rating to Bank of America. The report noted the bank's price-to-earnings (P/E) ratio of 14.1x. Oppenheimer described this as modest compared to the company's historical averages, suggesting a potentially fair or undervalued stock price given its market position.