Boosted by fresh stimulus hopes, the markets have rallied this week. But the overall picture remains one of volatility and uncertainty. As yet no stimulus deal has actually been agreed, and with so many different factors at play (with the coronavirus vaccines, and upcoming elections) it’s not easy to pinpoint stocks poised to outperform.
One way to find the most compelling investing opportunities is to follow the latest stock recommendations from analysts with a proven track record of success. TipRanks analyst forecasting service attempts to pinpoint Wall Street’s best-performing analysts. These are 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.
What’s more all six stocks covered below don’t just have the support
This article appeared in the November 2020 issue of Discover magazine as “Where the Wild Things Crow.” Subscribe for more stories like these.
If you’ve ever hit the beaches of Key West, Bermuda or Hawaii looking for a tranquil vacation, you may have experienced a rude awakening. By a rooster, that is.
These tourist-laden seaside towns are full of feral chickens. They roam the graveyards. They strut the beaches. They peck at leftovers beneath busy tables on restaurant patios. Legends about the birds abound, including that one flock arrived on the wings of a Pan Am jet and that some were bred to have extra toes. But are they good for anything besides waking us up?
Eben Gering thinks so. He’s been chasing free-roaming fowl around beaches across the globe for almost a decade. An assistant professor of biology at Nova Southeastern University in south Florida, Gering is convinced that
Stocks fell considerably Monday in an ongoing correction led by not by growth tech stocks, but rather by growing concerns over the speed of the economic recovery.
The S&P 500 fell 1.16%, with the tech-heavy Nasdaq down just 0.13%. The price of crude oil fell 3.5% to $39 a barrel and the 10-year Treasury yield fell to 0.67%. Yields fall when prices rise.
Growth tech stocks have received a considerable rerating of valuation, as the Nasdaq 100 is now down more than 12% since Sept. 2. Tech stocks had run up to stratospheric valuations this year on accelerated demand for at-home services, which are also high-growth areas. Now, many are wondering whether there has been a massive pull-forward of demand, which makes later years far less growth-like than the next few years are.
But the selling in tech stocks abated by midday, with the Nasdaq 100 finishing up 0.4% for