Traders wear masks as they work on the floor of the New York Stock Exchange as the outbreak of the coronavirus disease continues New York, May 27, 2020.Goldman Sachs analysts are sticking their neck out on several companies, saying that other Wall Street shops are wrong and the stocks are set to soar.
The bank sent a note to clients with its "differentiated buy" list — stocks where its analysts are the most out of consensus with their buy rating. All the names on the list had buy ratings from less than 50% of Wall Street analysts, an average earnings metric estimate at least 5% below Goldman's and were trading at least 10% below Goldman's target price.
"These names appear underappreciated by the market and could generate alpha for investors with a contrarian view," the note said.
Pro GS just trying to unload a bunch of crappy stocks off their balance sheet
Pro More gambling...I’ll stick with the lottery...
Pro Every time a person buys or sells a stock they are essentially saying the rest of Wall Street is wrong on it.
Pro So I think I should not buy these stocks...
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Dow futures inch higher as Wall Street investors search for fresh stock-market sparkU.S. stock-index futures hover near the flatline on Monday, with the S&P 500 index hanging around record territory but finding few reasons to trade higher...
Källa: MarketWatch - 🏆 3. / 97 Läs mer »
Stock futures point to modest Wall Street gains ahead of big retail earnings weekU.S. stock index futures indicate Wall Street will make moderate gains on Monday as retail earnings queue up and with housing data in the offing. 1,150 Americans died of Covid-19 yesterday. wow i guess all you have to do is have 170,000 people die and close most businesses and the dow will soar ?
Källa: Reuters - 🏆 2. / 97 Läs mer »
Wall Street kicks off big retail earnings week on high noteWall Street's main indexes opened higher on Monday as retailers prepared to wind down a better-than-feared quarterly earnings season, while the S&P 500 continued to hover just below record-high levels. Wall Street doesn’t represent Main Street. The problem with the US economy in a nutshell. ME AJUDEM A COBRIR O ROMBO NA XP E ITAU, FRUTO DA GRANDE ASSESSORIA E CONTROLE DE RISCO DA XP E DOS JUROS EXORBITANTES DO ITAÚ...DIVIDA APROXIMADA 87 MIL REAIS BANCO ITAU AG 0383 C/C 67738 - 2 LUIZ ALEXANDRE...HISTÓRICO NO MEU TWITTER Due to the termination of augmented U.I. benefits, those retail 'earnings', in the coming weeks, are sure to take a nose dive.
Källa: Reuters - 🏆 2. / 97 Läs mer »
Two of the most-hated stocks on Wall Street could be best recovery plays, traders sayShort traders are throwing cold water on hopes of a bump-free return to normalcy with consumer and travel stocks among those with the highest short interest. Two traders see opportunity in some of these unloved stocks. TradingNation Njah! Riding with Electrolux here. TradingNation Let's Walmart
Källa: CNBC - 🏆 12. / 72 Läs mer »
As stocks edge toward records, more Wall Street market strategists are getting on boardNew for subscribers: As stocks edge toward records, more Wall Street market strategists are getting on board Check out CNBCPro today. Pro Why do we have to protect the Wall Street bull statue from the public?
Källa: CNBC - 🏆 12. / 72 Läs mer »