These stocks are leading the market's comeback and analysts think they have more to go

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

CNBC Pro found stocks that have a consensus price target that calls for gains of 20% or more from here on out.

For investors looking to run with the stock market's recent rally, here are some winning names that may be poised to lead any rally in coming weeks. Stocks have kicked off November trading in the green, with each of the major averages coming off their best weeks of the year. The S & P 500 ended last week higher by 5.9% and the tech-heavy Nasdaq Composite jumped 6.6%, marking the best week for both since November 2022.

Pro looked for stocks in the S & P 500 that are up 10% or more off of their 52-week lows and have gained 10% or more in the past month. The names we found also have a consensus price target that calls for further appreciation of 20% or more from here on out. Here's one way to play the market recovery, looking at momentum and sell-side price targets: Warner Bros. Discovery has the biggest potential upside — 55% — on the screen, looking at its consensus price target among analysts.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines