As the second quarter gets into full swing, Bank of America , Deutsche Bank and Bernstein have named their top stocks for the months ahead. The first quarter of 2022 was marked by a spike in market volatility amid a slew of troubling macro events. The Fed raised rates for the first time since 2018 and signaled that more hikes are on the way. Meanwhile, the conflict in Ukraine has sent energy prices soaring , and some market watchers have argued that recent movements in U.S. Treasury yields suggest a recession is around the corner. U.S. picks Investors looking to navigate continued uncertainty can turn to Deutsche Bank's second-quarter "Fresh Money list" — a compilation of the bank's 32 top investment ideas to own over the next 12 months. Here are 5 of these stocks named: One of the bank's top picks is Nike . Deutsche bank believes the company is well positioned to capture market share given its "best-in-class digital capabilities." The bank's price target implies a 35.7% upside to the stock's closing price on Apr. 7. Deutsche Bank also likes Charles Schwab and expects rising interest rates to be a "positive catalyst" for the financial services company. The bank's price target implies a 50% upside to the stock's closing price on Apr. 7. Medical devices manufacturer Abiomed is another Deutsche favorite. The company has high domestic exposure, simple supply chains and idiosyncratic growth opportunities, the bank said. Its price target implies a 29.1% upside to the stock's closing price on Apr. 7. Auto parts maker Aptiv also makes the bank's list. Deutsche believes the large pullback in the stock price this year offers a "compelling opportunity to invest in one of the strongest secular stories in the autos space." The company is well positioned to deliver solid 2022 results, the bank added. Its price target implies a 43.6% upside to the stock's closing price on Apr. 7. Rounding off the list is chip maker Qualcomm , which Deutsche sees as an "attractive balance of solid growth at a reasonable valuation." Other positives include continued revenue and earnings-per-share growth and expanding margins, the bank said. The bank's price target implies a 13.7% upside to the stock's closing price on Apr. 7. Europe picks Bank of America likes BNP Paribas for its "defensive profile," and says it is "high conviction" on the company's improving profitability and capital return prospects. It also likes British oil company Harbour Energy as a top beneficiary of both elevated oil and gas prices. Finnish oil refiner Neste makes the bank's list as a "market leader" in a "highly profitable" and growing renewable diesel segment. Read more Stay defensive with these global stocks amid market volatility, analysts say Bernstein says these global stock picks will outperform — even as inflation fears grow Bank of America also likes German utility RWE , which its says is poised to be a "major beneficiary" of the European Union and Germany's push for energy independence, given the company's expertise in green hydrogen and liquified natural gas. Luxury goods company Richemont rounds off the bank's list, with the bank bullish on the company's outperformance in the jewelry segment. 'Particularly attractive' right now Bernstein also has a number of outperform-rated stock picks in Europe that it believes are "particularly attractive" right now. Swiss pharma giant Roche is one such pick, with the bank noting that new growth drivers at the company are "underappreciated." Novo Nordisk also makes the bank's list for the durability of its growth prospects, best-in-class returns and robust margins. The bank also noted that the company's growing pipeline is underappreciated. British mining firm Anglo American is another Bernstein favorite for its near-term volume growth in copper, significant exposure to platinum and "long-term positive demand story from platinum's crucial role in the hydrogen economy." Spanish energy firm Repsol rounds off this list. Bernstein says the stock is "too cheap... especially for a company nicely hedged between capturing the current macro strength but positioned for the future with renewed decarbonization ambitions."