JPMorgan added three new stocks to its list of top names for October, including a sports betting company that's had a massive rally since the start of the year. The bank updated its focus list in a Monday note to include DraftKings , Boston Scientific and Wynn Resorts . The focus list is composed of the top ideas of the bank's equity analysts spanning growth, value and short investment strategies.
mountain DraftKings ytd chart The analyst upgraded the stock to overweight from equal weight, citing "recent survey work, improved fundamentals, increased estimates, and upcoming investor day." Boston Scientific , which is up 13% this year, was also added to the list. The bank has a $60 price target, more than 13% above the stock's $52.80 close on Friday.