As incredible as it may seem, 2021 is down to the final 90 days of the year. Halloween and the other holidays will soon be upon us, and many investors and traders across Wall Street are a touch anxious over what could be a volatile quarter, especially following September, which was the worst month for stocks since 2020. While interest rates should remain close to generational lows, the beginning of the tapering of the $120 billion per month quantitative easing is expected to start in November.
In a new research report, BofA Securities is among the first firms out with their top ideas for the fourth quarter of 2021. They have eight stocks to buy and two that are expected to underperform. At first glance, the long ideas look like outstanding stock picks for growth investors. However, it is important to remember that no single analyst report should be used as a sole basis for any buying or selling decision.