Wall Street's top analysts are unanimously bullish on stocks like Amazon and CarMax

  • 📰 CNBC
  • ⏱ Reading Time:
  • 74 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Your weekend brief: Wall Street's top analysts are unanimously bullish on stocks like Amazon and CarMax

How can you find compelling investing opportunities in the current environment? With market volatility set to rise in the coming weeks, it's best to be prepared. October is a notoriously volatile month, and this week's heated presidential election debate did little to calm the markets — especially with the looming prospect of a contested election result down the line.

However, there are still stocks out there ready to outperform — you just have to find them. One possible way forward is to follow stock recommendations from analysts with a proven track record of success.reveals the analysts with the highest success rate and average return measured on a one-year basis — factoring in the number of ratings made by each analyst.

Most importantly, the stocks highlighted below have scored only buy ratings from these top analysts in the last three months. No holds, no sells. That means these stocks boast a unanimously bullish Street outlook right now.With no less than 36 recent buy ratings from top analysts, it's clear that Amazon is riding a wave of bullish Street sentiment right now. After an upgrade from Bernstein's Mark Shmulik on September 22, the stock scores a clean slate of buy ratings across the board.

Shmulik boosted his rating after admitting that he "undervalued the power of being the sole e-commerce demand aggregator." Covid has pulled forward secular trends, says Shmulik, from e-commerce to digital advertising and cloud, withAt the same time, Amazon's logistics strength is a key upside driver worth highlighting.

"AMZL provides Amazon with major service & cost advantages that should shine through this Holiday Season… [and] creates a long-term opportunity for AMZN to become a leading 3P delivery service/carrier" Mahaney concludes. He has a $3,800

 

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

Big boys scam, sucking in buyers so they can sell lol

No surprise there

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 US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street Week Ahead: A Biden victory could weigh on stock market's winnersInvestors on Wall Street can add another layer of uncertainty to a market already unnerved by last month's sell-off, stalled fiscal stimulus, and by President Donald Trump's COVID-19 diagnosis, which weighed on stocks on Friday. Three thoughts: a) the markets do damn well under Democrats; b) the markets are only one component of the economy; c) how would the markets react if there were no more elections, which is possible under Trump? Sleepy Joe Biden and crazy Democrats will never win. This is a truth, try to live with it. Trump 2020 💪🇺🇸🍷 I have a message to the stock market: 🖕
Source: Reuters - 🏆 2. / 97 Read more »

Wall Street analysts see long-term share gains for stocks like Costco and RedfinNew for subscribers: Wall Street analysts see long-term share gains for stocks like Costco and Redfin Check out CNBCPro today. Redfin is a scam
Source: CNBC - 🏆 12. / 72 Read more »

Wall Street is resuming job cuts after pausing during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Why does Wall Street need so many money shufflers shuffling money back and forth all day?
Source: BusinessInsider - 🏆 729. / 51 Read more »