2026년 2월 6일 · Unknown · financial · 출처 Yahoo Finance
The stock market has started the year with a somewhat uneven tone. Indexes are hovering near highs, yet the ride has not been smooth, with leadership shifting from week to week and traders quick to rotate between sectors when new headlines arrive. Some sessions lean on optimism around earnings and growth themes, while others bring hesitation tied to valuations and rate expectations.
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In a market such as this, sentiment tools tend to carry extra weight. That is where Bank of America strategist Victoria Roloff turns to the firm’s Sell Side Indicator (SSI), a long-tracked contrarian measure built to read Wall Street’s positioning temperature.
“The SSI has been a reliable contrarian indicator. In other words, it has been bullish when Wall Street was extremely bearish and vice versa. The indicator remains in ‘Neutral’ territory but is much closer to a ‘Sell’ signal than a ‘Buy’ (1.7ppt vs. 4.7ppt). Its current level of 56% is still below levels reached in prior market peaks (typically >59%) and implies a S&P 500 price return of 12% over the next 12 months – one of five inputs (and the most bullish input) into our S&P 500 target. Although our SSI is still ‘Neutral’, buy side reported positioning shows more froth, with fund managers’ stock overweight at its highest level since December 2024,” Roloff noted.
Given that mixed but still constructive setup, attention naturally turns to where Bank of America’s analysts see the best opportunities right now. Here are two stocks they are recommending, each backed by a Strong Buy consensus rating in the TipRanks database.
Celestica(CLS)
Toronto-based Celestica, the first BofA pick we’ll look at here, is a leader in the tech field – but one that takes a broad-based approach rather than a narrow specialty. Celestica offers its customers access to design expertise, engineering savvy, manufacturing strength, and supply chain and platform solutions – all put at the service of driving market advances for customer success. The company’s products and services have found application in AI, cloud, and hybrid cloud infrastructure, and push high-tech advances in these high-growth markets.
At the ground level, Celestica offers a number of high-end platform solutions tailored to meet vital technology needs. The company’s server rack integration services include everything from design to deployment, and are only part of the overall hardware solutions available. Celestica can meet the hardware needs of enterprise-scale AI, cloud, and data center installations, including post-deployment testing, after-market services, and logistics support. The after-market aspect is one of Celestica’s key advantages, providing lifetime support to keep products, hardware, and installations relevant in a changing digital world.
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That’s the general outline. Getting to specifics, we can look at where Celestica works. The company has customers in a wide range of markets, including the aerospace and defense sectors, the communications sector, industry and smart energy, and healthtech. In addition, Celestica can provide complex, high-precision equipment for capital expansion in the semiconductor field.
All of that adds up to big business, and Celestica saw its annual revenue grow by 28% last year, to reach $12.39 billion. In its last quarterly report, covering 4Q25, Celestica showed a quarterly top line of $3.65 billion. This was up 43% year-over-year, and beat the forecast by $166.5 million. At the same time, Celestica reported an EPS of $1.89 by non-GAAP measures. This was a strong increase from the $1.11 reported one year prior, and beat the estimates by 13 cents per share.
This stock caught the attention of BofA analyst Ruplu Bhattacharya, who writes of the strong potential in the company’s product and service lines. Bhattacharya says, “We think this leading provider of white-box switches will be a beneficiary of an AI-driven upgrade boom for high-speed data center switches, and strong growth in custom ASIC accelerated servers. CLS has consistently maintained first-mover advantage in 400G, 800G and 1.6T switching, and we expect continued market share gains. F27 should be a strong year with many new programs ramping. We are above Street on F27 earnings and see upside to consensus estimates… The stock is still undervalued as we see EPS growing at a 47% CAGR through 2027.”
Quantifying his stance, the BofA tech expert puts a Buy rating here, along with a $400 price target that suggests a one-year upside potential of 45%. (To watch Bhattacharya’s track record, click here)
Overall, Celestica’s Strong Buy consensus rating is supported by 9 recent analyst reviews that include 7 to Buy and 2 to Hold. The shares are priced at $275.86 and have a $378.22 average price target; together, these figures suggest that the stock will gain 37% on the one-year horizon. (See CLS stock forecast)
Microchip Technology (MCHP)
When we talk about the semiconductor chip industry, the sector’s giants usually come to mind – but there are plenty of smaller companies in the field, playing important roles. Microchip, a $42 billion chip designer and maker, is one of these. The company describes itself as a ‘broadline supplier of semiconductors,’ and is committed to bringing innovative designs and total systems solutions to the market, to meet the critical challenges of today’s high-tech world.
Microchip is based in Arizona, and operates several wafer fabrication facilities in the US (the main ones are in Oregon and Colorado), along with assembly and test facilities across the US, in Europe, and in Southeast Asia. Microchip is among the largest domestic suppliers of semiconductor chips in the US, and holds an important position in the Pentagon’s procurement chain. The compa…