Bank of America named several stocks that have “killer” corporate charts. These include the five following, which are all buy-rated according to its analysts. According to Bank of America, the “killer chart” research notes are often the most popular in its year. Bank of America analysts, led by Jason Fairclough, assessed charts from a range of companies — all metals and mining firms — to find “killer” statistics. “We select the most interesting & compelling ‘killer charts’ from company presentations,” Fairclough and colleagues wrote on May 23. What is a “killer” chart? The message is simple and powerful, but sometimes it’s surprising. Neat, right?” A number of companies that made the list are buy-rated by Bank of America’s analysts, including: Rio Tinto , which presented a chart forecasting significant market growth in lithium, aluminium and copper — all key portfolio commodities for the company. The analysts said that Rio Tinto is present in many commodities essential to the energy transformation. Prices will stay higher because of high demand for key commodities. Antofagasta’s plan for copper production was also well-received by analysts. It is expected to grow around 30% in 2026, according to the chart. Analysts described the company as “copper pure play” and noted that copper shortages up to 2050 were a hot topic at the conference. Norsk Hydro is an aluminum-renewable energy firm. Its “killer” chart showed the company’s ambitions to recycle aluminum. Analysts at Bank of America say that the company intends to double its use of scrap metal and to boost earnings before interest tax depreciation and amortization by up to 1.11 billion Norwegian krone (or 114 million). Newmont, the largest producer of gold in the world with more than 20 projects under its belts through the 2040s, is on the Bank of America’s top-ten list. Analysts at Bank of America said that the Newmont chart emphasised their position as “blue chips gold stocks that do what they say on the packages”. Newmont has a great deal of quality gold exposure. Fairclough, Fairclough, and others also include Agnico, the Canadian gold-producing company. Its “killer chart,” which emphasizes Newmont’s position as a gold producer with low risks, high complexity, and compared to peers, is included on this list. The bank stated that the share of Agnico Eagle has grown by a compound annually growth rate (CAGR), of 12%, since 2005. This means that it is “considerably” more successful than its peers.
As she walks past a Bank of America branch on New York’s Times Square, a woman sees herself in a pool.
Brendan McDermid | Reuters
Bank of AmericaThe bank has identified several stocks with “killer corporate charts”, including these five, that it considers buy-rated. According to the bank, its research note on “killer charts”, which is frequently its most-read document of the year, was a popular choice.
