Stocks have less upside this year, according to the analysts who know them best

, which received new projections from Jefferies, RBC Capital Markets and Deutsche Bank since the calendar turned — analysts have upped their targets after the stocks ran right through the previous ones.

Those updates may provide some breathing room for a market that was quickly converging with consensus expectations, but they likely won't make analysts as bullish as they were a year ago. The average stock in the index entered 2019 with a projected 24% gain, according to Bespoke.

Analysts who cover individual stocks tend to be more bullish than market strategists, who often predict overall levels for the market based on macro trends. Strategists currently predict an average gain of about 3.6% for the S&P 500 for the full year, according to theAnalysts are bullish on fewer companies in their industries as well. Half of all analyst ratings recommended buying a stock at the end of 2019, down from 55.4% the year before.

Big changes one way or the other for the largest stocks in the S&P 500 could have a large impact on the index, even if the average stocks posts only modest gains. For the 10 largest stocks, two —

Hmm they’ve been running for 10 years, you really think they’re getting low on upside? These guys are geniuses!

Not surprising an election year. The market always tends to be volatile because of the the potential shift in the balance of political power and therefore the policies/laws that influence the market or companies in the market.

Wow a real bold prediction!

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow sets second record close of 2020 as stocks rally on trade optimism, fading Mideast tensionsU.S. stocks set new records Thursday, with all three major benchmarks notching fresh all-time intraday and closing highs after the Chinese government... Fake markets pumped up by trump and fed liquidity OMG will you STOP with the 'trade optimism'. Open a damn thesaurus. I can't believe they pay someone to write the same headline 1,308 times. Trade optimism?
Source: MarketWatch - 🏆 3. / 97 Read more »

Investing advice: How to hedge 'biggest pain trade' for stocks in 2020 - Business InsiderOne word keeps popping up as BlackRock and other industry giants name the risk most overlooked by investors. Here's how 3 of them say you should protect against it.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Wall Street analysts say invest in these top stocks in 2020 including McDonald's & FacebookWall Street analysts say invest in these top stocks in 2020, including McDonald's & Facebook
Source: CNBC - 🏆 12. / 72 Read more »

Why 2020 could be a big year for international stocks over US equitiesU.S. stocks have been pulling ahead of international markets since 2010, but foreign stocks could start to catch up this year, strategists say.
Source: CNBC - 🏆 12. / 72 Read more »

S&P 500's most volatile stocks could be worth a look – traders pick two favoritesStocks have seen massive swings in recent days, and these two market watchers are ready to double down on two of the most volatile names on Wall Street.
Source: CNBC - 🏆 12. / 72 Read more »

Biotech stocks are set up to rally double-digits back to all-time highs, chart suggestsThe Nasdaq biotech ETF could surge another 10% and break through its all-time highs, based on a positively trending chart and analysis by Miller Tabak's Matt Maley.
Source: CNBC - 🏆 12. / 72 Read more »