The worst-performing stocks of any given year often rebound at the start of the following year as investors hunt for bargains and bet on a recovery.
Alex Meintel of Goldman Sachs acknowledges that the rule hasn't always held over the last few years, but he says there are good reasons to think the hardest-hit companies of 2020 will spring back in the first three months of 2021. One is simple: It's been a long time since the market's worst stocks looked this bad compared to the rest.
He says the most promising recovery candidates in the first quarter reflect at least one of six themes. The first group consists of "value" picks that are trading at attractive levels and could experience a sustainable recovery as analysts raise their estimates.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the tragic last months of ex-Zappos CEO Tony Hsieh - Business InsiderTony Hsieh sold Zappos for $1.2 billion in his 30s. He was dead by 46. Inside his final Park City months, where he hoped to deliver more happiness as he spiraled.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Arbol Market, a climate change-focused insure-tech startup - Business InsiderA new start-up run by a former Citadel quant is trying to create a better way for farmers to protect their crops from climate change
Source: BusinessInsider - 🏆 729. / 51 Read more »
How a quest to build ethical AI detonated a battle inside Google - Business InsiderGoogle employees consider jumping ship for Facebook and Microsoft after firings, reorgs and mounting tension in its AI division Google/YouTube are crooks. They stole my 9/11 video. They disrespect 9 /11 survivors. 911TribMuseum techinsider not sure they're going to be satisfied with the state of ethical AI at FB techinsider Jumping ship? That is really funny. They must be reading the stuff I write? And it is also the reason why sundar is in charge - gummy and slopey made a huge devious mess then jumped ship.
Source: BusinessInsider - 🏆 729. / 51 Read more »
MyPillow guy Mike Lindell: The inside story, in Trump's final days - Business InsiderThe MyPillow CEO is a former bankrupt gambler who made – and might soon lose – millions thanks to a religious devotion to Trump Trump was president and is a businessman bankrupt by incompetence, but he starts a new career as a leader of U.S. internal terrorists, who can exterminate millions of white Americans, blacks and poor immigrants, with the help of his fanatical followers. How are things with the capitol now? My Shillow. Country over Pillow.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How a year of rising tension inside Google led to its first union - Business InsiderGoogle once stood for 'Don't be evil.' Insiders describe how it spiraled into a culture of mistrust that helped build a union aiming to keep management in check. thanks Google is EVIL. They may try to show it otherwise, but ask the black folks and other minorities who work there how they feel about working in this Gulag. It’s too big, needs to be regulated.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside the 'bubble college' U Experience relaunch in January - Business Insider'No masks. No social distancing. A real college experience': Inside The U Experience, which is promising students a 'bubble campus' — for the third time I'm so glad this tech-startup has decided to embark on this huge risk to public health
Source: BusinessInsider - 🏆 729. / 51 Read more »