BoA Identifies Undervalued Stocks Amid Trade War Concerns

Bank of America has identified several stocks that it believes are undervalued and offer potential for growth. The list includes Nvidia, which is a leading manufacturer of graphics processing units (GPUs).

The bank's analysts point out that Nvidia's stock price has fallen due to concerns about the impact of the US-China trade war on its sales. However, they argue that the company's business model is resilient and that it has a strong track record of innovation.

Bank of America also includes other stocks in its list, such as Alphabet (Google), Amazon, and Microsoft. These companies are all leaders in their respective industries and have been affected by the same trade war concerns that have hit Nvidia.