There's still plenty of top technology stocks to buy even as the market unease continues, according to Bank of America. The Wall Street bank named several companies that analysts believe sell at an attractive entry point. CNBC Pro combed through Bank of America research to find top buy-rated tech stocks.
Those we found included Amazon, Netflix, Palantir, Uber , Nvidia and Apple. Apple "The best is yet to come," analyst Wamsi Mohan said of the iPhone maker. BofA is standing by the Tim Cook-led company after revenue and net income topped analyst estimates earlier this month.
"We further see the potential for significant acceleration of [smartphone] units in Dec qtr and overall in F25 with the rollout of Apple Intelligence," he wrote. Apple Services saw record revenue, leading Mohan to conclude there's plenty of upside ahead for Apple shares as new products debut in September. "We see the rollout of Apple Intelligence as another tailwind for Apple Services growth," he added.
Apple shares are down about 3% this month. "Reiterate Buy as we see the potential for consensus estimates to be revised higher given multi-year iPhone upgrade cycle, tailwinds to gross margins and strong cash flows," he went on. Netflix Analyst Jessica Reif Ehrlich is sticking with shares of the streaming movie service.
The company is coming off of a strong top and bottom line beat with solid guidance following its second quarter earnings report in mid-July. Reif Ehrlich noted the strength in subscriber grow.