News Formal

Jefferies says these cheap stocks can see sharp postelection gains

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 72%

Boot Barn Holdings Inc Nyheter

Sofi Technologies Inc,United Airlines Holdings Inc,Carnival Corp

The firm found several buy-rated stocks that were cheap in the first and second quarters, have seen recent upward revisions and have higher beta scores.

Select cheap names could be poised to jump in a postelection market, according to Jefferies. The market went on a tear in the week following President-elect Donald Trump's win at the polls, with the S & P 500 , Nasdaq Composite and Dow Jones Industrial Average touching fresh highs Monday. The rally has taken a breather since then, however.

The firm's $50 price target suggests 21% potential upside for the stock, which has gained 21% this year. "Aside from our expectation of rising prices for the commodities it produces, Alcoa is also taking measures to continue its operational improvements under new mgmt," the note read. "This stock is under-owned, in our view, and is poised to outperform in 2025.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
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:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

This internet stock should see market-beating earnings growth, Jefferies saysThis internet stock should see market-beating earnings growth, Jefferies says
Källa: Investingcom - 🏆 450. / 53 Läs mer »

This brand is as big as Lululemon, but its market cap is just a tenthThis brand is as big as Lululemon, but its market cap is just a tenth – Jefferies
Källa: Investingcom - 🏆 450. / 53 Läs mer »