These are the top stocks to own for rest of the year, according to Wolfe Research

As September kicks off, Wolfe Research is spotlighting some key stocks to watch for the month ahead. Though August closed out with stocks rebounding from the global sell-off earlier that month, the major averages have been off to a rocky start in September. In fact, the month began with all three indexes suffering their worst days since the Aug. 5 rout.

6% year to date, they've skyrocketed more than 28% in the past three months after the company's fiscal second-quarter results beat estimates . Wolfe sees the stock only going higher from here. From Wednesday's close, the firm's price target of $685 implies 19% upside ahead. The firm thinks its current valuation creates an attractive risk-reward profile.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Buy these stocks with solid earnings power during the volatility, Wolfe Research saysThrough the back half of the year, investors should look at these names that may be set to outperform, one researcher says.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Financials are a 'stealth bull market' opportunity, says Wolfe ResearchSenyek highlighted financial stocks as a beneficiary of a steeper yield curve ahead.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

The market is flashing signs of caution below the surfaceThe technical setup for stocks is exhibiting some troubling signals, Wolfe Research says.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »