Bank of America has designated a large number of shares to buy as the market fears remain high. The company says it likes defensive and resilient companies. They include purchase valuation stocks such as Doordash, Netflix, Spotify, Flutter, and Live Nation. Doordash will purchase the delivery company’s DIP, the company said earlier this week. “A defensive dash,” writes analyst Michael McGovern. The company says the fear of menu inflation from tariffs is overkill. “… During the food/menu price inflation period, Dash Management saw relatively stable order volumes, with most inflation being offset by low items per order rather than low order frequency,” he writes. In fact, McGovern said that low order items actually created “advantages of delivery efficiency.” Still, the company reduced its price target from $245 to $235 per share, but it said “convenient factors make delivery a bit more resilient.” Doordash shares have grown 7.5% this year. Analyst Peter Henderson and his team wrote about Live Nation, “Live Music (IS) is relatively resilient,” recently about concert and event companies. The company says it has seen many secular tailwinds in stocks, including robust international growth, new artist exposure through social media, and improved sponsorships. Furthermore, Henderson pointed out the “unique value” of offering live-nation in-person events, as opposed to consumers taking part in virtual or digital experiences. Henderson also said the secondary ticket market has approved livenation’s production to prevent ticket scalping and leakage, but will provide value in the event of a recession. Meanwhile, the company’s shares have grown 26% over the past 12 months. “We see LYV as an attractive opportunity to own a growth-oriented, relatively recessive live entertainment company, benefiting from a positive supply and strong current demand trends, global growth and an attractive venue expansion strategy,” he said. Spotify Streaming Company has a “defensive” foundation, according to the company. Analyst Jessica Reif Ehrlich is standing by the stock ahead of earnings later this month. “We are confident that Spot’s 1Q25 results will at least match guidance on key metrics such as revenue, premium subscribers and MAU (monthly active users),” she wrote. The company says its subscription model should be well preserved in a recession environment or recession. Still, the company says it will monitor for signs of advertising growth bleeding if volatility continues. “We continue to see spots positioned in the music streaming marketplace with several levers for future growth, including future price increases, new product launches, programmatic advertising,” she said. Spotify shares have grown 21% this year. Flutter “I rate Flutter Buy. I think it’s well placed to win a large portion of the fast-growing US market and get drop-throughs that exceed expectations, so its strong cash generation and large companies are one of the few companies that can consolidate the market globally, and the recent US list should support Retail Mownation. Netflix “Generally, NFLX is considered one of the more defensive names in the coverage universe, considering its subscription model and status as a major global streaming platform. I think it’s unlikely that NFLX will see a wave of churn in the economic downside, but it could alleviate downward pressure as it has some impact on gross additions, giving potential layer trade and weak advertising potential pressure. doordash “dash.” It’s defensive. …The .convenience factor makes delivery a little more resilient. …. However, during the inflation period of food/menu prices, Dash MGMT sees a relatively stable order volume, with most inflation being offset by low items rather than ordering frequency. Live Nation “Live Music is relatively resilient to a recession. …. The unique value of live events that eliminates deheritization and eliminates sponsorships with digital/virtual experiences. Spotify “Fundamentals should be more defensive. …. I’m sure the 1Q25 results of Spot will at least match guidance on key metrics such as revenue, premium subscribers, and MAUs.
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Five stocks to buy in a confused market
