Bank of America named several stocks that are well-positioned following the results. Wall Street investment banks say companies like Palantir are too attractive to ignore. Other buy-rated stocks reviewed by CNBC Pro include Wayfair, Intapp, Diamondback, and AerCap Holdings. Wayfair online home furnishings company is firing on all cylinders, the company wrote after its quarterly report. Analyst Michael McGovern upgraded the stock from Neutral to Buy, citing “accelerating stock price appreciation.” “We hope this will be the gateway to an eventual improvement in the housing market, especially as this cyclical industry remains at its lowest level in three years,” he added. Bank of America also raised its price target to $130 per share from $86. “Over the long term, we see Wayfair positioned to deliver strong stock appreciation and earnings growth based on its highly leveraged expense base and growing gross margins,” he said. The stock is up a whopping 142% year-to-date. AerCap Holdings Analyst Ronald Epstein and team say buy the airline leasing company’s stock fast. “They have the plane, the engines, the cash, everything,” he wrote. Epstein said AerCap stock still has room to play, and raised his price target to $150 per share from $130. “Supply constraints continue for both engines and aircraft, making AER’s high-quality portfolio and expertise in moving assets quickly and efficiently extremely valuable,” he said. The company also praised AerCap’s capital deployment, noting that AerCap offers differentiated services compared to its peers. “The ‘golden age’ of aircraft leasing continues,” he said. The stock is up nearly 39% so far this year. According to analyst Koji Ikeda, Intap and Intap are firing on all cylinders following the results. “This is also the second consecutive quarter of accelerating cloud ARR (annual recurring revenue) growth, demonstrating the differentiation of Intapp’s finely tuned platform for financial services and professional services customers,” he said. The company praised management’s execution and said its stock is highly undervalued by investors. Mr. Ikeda also raised his price target for his company’s stock from $75 to $76 per share. Although the stock is down 40% this year, the company says shareholders should still buy the drop. “Intapp believes it has the potential to disrupt and take market share in the targeted professional/financial services space with SaaS (software-as-a-service) apps,” he continued. Diamondback Energy “Reiterates the top large-cap oil stocks. …Like many of its E&P peers, FANG benefited from tax benefits associated with the Big Beautiful Building. Strong free cash flow supported Diamondback’s largest quarterly share repurchase in history, repurchasing 4.3 million shares for $603 million.” Intapp “This is due to cloud ARR growth of 2 It’s also a quarter-on-quarter acceleration, underscoring the differentiation of Intapp’s finely tuned platform for financial and professional services customers. …We believe Intapp has the potential to disrupt and capture market share in the targeted professional/financial services space with its SaaS apps. “The ‘Golden Age’ of aircraft leasing continues. …We have the aircraft, we have the engines, we have the cash. … As supply constraints continue for both engines and aircraft, AER’s high-quality portfolio and expertise in moving assets quickly and efficiently has become extremely valuable.” Palantir “We see Palantir as a beneficiary of the rapidly growing demand for artificial intelligence (AI) platforms in both commercial and government end markets and in the AI-powered software market. Palantir’s dominant position, differentiated end-to-end, ontology-powered and highly secure solutions, and first-mover advantage support strong profitable growth in the medium term.”Read more. Wayfair: “Share gains are accelerating while the industry is still in a trough.…With a significantly cyclical industry still in a three-year trough, we like this as the entry point for an eventual improvement in the housing market.…Longer term, we see W Company positioned to deliver strong share gains and revenue growth based on its highly leveraged expense base and gross margin growth.”
