The fourth quarter is finally here, much to the relief of many investors who took a beating in the previous three-month period. The S & P 500 fell more than 5% in the third quarter, posting its first three-quarter losing streak since early 2009, in the midst of the global financial crisis. It also marked the first time in about 80 years that the S & P 500 was up more than 10% at one point in the quarter before posting a quarterly loss, according to Bespoke.
Pro screened the S & P 500 for stocks that are well liked by analysts and that could rally . Here are the stocks that made the cut. Casino operator Caesars Entertainment tops the list in terms of potential upside, with analysts on average expecting the stock to go up nearly 130% over the next 12 months. On top of that, 75% of analysts covering the stock rate it as a buy, FactSet data shows. Shares of Caesars have struggled in 2022, plunging more than 64%.
's Michael Bloom contributed to this report.
The Fed is the biggest casino house. Shame they don’t have a tradable stock on SP500
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