December market outlook | Battleground stocks like Tesla | 'Best in class' investments
EDITOR'S NOTE
Too often, it seems stock analysts follow each other en masse, establishing a consensus between themselves and rarely straying far from it.
They sit on the same conference calls, talk to the same corporate executives, crunch the same data and naturally make similar observations. But not always.
In this edition of Weekend Brief, CNBC's Michael Sheetz has crunched the data to deliver a list of the top 20 most divisive stocks on Wall Street. These are stocks of companies with at least a $10 billion market capitalization and a following of analysts who just can't come to the same conclusions.
At the top of the list is Tesla, which has proven as controversial as its celebrity founder, Elon Musk. One firm writes that it's on the path to sustained profitability. Another predicts the stock will lose half its value in a year.
You're the investor, you decide.
Analysts are more in agreement on a handful of stocks that still have some upside after this year's astonishing bull run, writes CNBC's Michael Bloom. These are stocks that analysts have tagged as "best-in-class" opportunities and include O'Reilly Automotive, The Children's Place, Rush Enterprises, Guardant Health and Costco.
The S&P 500 is up more than 25% this year, and we're now heading into December, which is typically the best month of the year for stocks, writes CNBC's Patti Domm.
"It also has the highest frequency of advances, up 76% of the time," said Sam Stovall, chief investment strategist at CFRA.
Enjoy the rest of the holiday weekend and thanks for reading Weekend Brief. Email your thoughts at EveningBrief@nbcuni.com or message me on Twitter @tellittoal.
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YOUR WEEKEND BRIEFING
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