Bank of America Identifies Stocks with Significant Upside Potential for September

Bank of America analysts highlight several equities poised for gains as September approaches. The firm notes that Madison Square Garden Entertainment is performing strongly, driven by robust concert revenues, higher per‑show economics, and a boost from the New York Knicks’ championship run. Analyst Peter Henderson points to healthy operating leverage that should expand margins and push adjusted operating income higher, with the stock already up roughly 45% year‑to‑date.

Church & Dwight receives praise from analyst Anna Lizzul, who says the company’s turnaround is on track. She cites a favorable blend of value‑priced staples and premium offerings, powered by innovation in its power brands and portfolio reshaping that could lift gross margin to historic levels. Lizzul also notes the firm’s resilience in challenging macro environments, with shares up about 21% this year.

ASML is recommended as a “buy the dip” opportunity by Didier Scemama, who argues the stock suffers an unjustified de‑rating relative to peers. He emphasizes ASML’s best‑in‑class earnings‑per‑share growth, supported by margin expansion, despite near‑term capacity constraints and rising competition. The stock has gained approximately 58% year‑to‑date.

Finally, Tapestry is viewed as having limited upside after strong EPS growth from the Coach brand and stabilization at Kate Spade. The bank expects the company to continue returning capital to shareholders via accelerated share repurchases, underpinned by robust free‑cash‑flow generation.

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