As analysts unveil their top stock picks for 2020, it’s also worth examining how their top picks for 2019 ended up performing. Today’s article does just that, identifying the top 20 Wall Street picks for 2019 among large-cap, mid-cap and small-cap stocks (based on the number of “buy” or equivalent analyst ratings and implied upside potential at the beginning of the year) and their total returns through mid-December. How did analysts’ stock selections do – and how does this analysis “shed light on one of the problems with Wall Street”? CLICK HERE.
Despite the fact that this online apparel company has posted a profit every quarter since going public two years ago (with a 35% increase in revenue in the last quarter), its stock recently sank to a 52-week low, a drop that the author of today’s article believes presented “one of the best risk/reward opportunities in small-to-mid-cap internet.” And while the stock has since experienced a recovery, he argues that “the stock is still a bargain and bears…are dead wrong and will be running for cover and licking their wounds in the coming months.” For more, CLICK HERE.
While large-cap stocks may be more exposed to the effects of trade tensions than their small-cap counterparts, the author of today’s article notes there are signs that “investors are prepared to put trade war concerns aside temporarily and wade back into large-cap companies that are executing well.” In that regard, a Goldman Sachs strategist has compiled a list of large-cap companies that offer the most upside potential (up to 63%) – many of which are poised to benefit from lower tax rates. For more, CLICK HERE.