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Here are some of Wall Street’s favorite stocks for election relief rallies

Expect warnings about stock market volatility until the election day, and perhaps for the next few weeks if voting results are contested. However, history shows that markets tend to recover after elections.

Charles Lemonides has shown that the stock market has shown a long backlash after the last nine presidential elections, regardless of which party won.

No matter how the election takes place, something else to consider is the possibility of another round of inspiration from Washington. The parties are far apart at this time, but they agree that they need more help for their business and their families. It’s not easy to expect another check to come out and result in an improvement in economic numbers.

Wide rally

As a more technical note, Ned Davis Research analysts Ed Clissold and Thanh Nguyen believe that the market recovery in recent weeks indicates the continuation of the bull market in 2021.

S & P 500 Index US: SPX
It recorded a 45% increase in 6 months from the closing price in 2020 from March 23 to September 23. The Benchmark Index then rose another 8% until October 14, with 90% of its components rising. Analysts wrote in a note to clients that such a wide range of profits following a phenomenal rise “means a double-digit annual pace” of long-term index returns.

Therefore, for long-term investors, not day traders or market timers, the stage for the 2021 stock market recovery is set.

Wall Street Favorites

Looking at FactSet’s S & P 500 ratings for sell-side analysts, there are 94 stocks that at least 75% of cover analysts have rated as “buy” or equivalent.

Sorting these 94 stocks by an implicit 12-month rise potential based on consensus price targets, analysts expect the depressed energy stocks to see the biggest bounce. it is clear. The energy sector performed by far the worst of the 11 S & P sectors this year, down 49% until October 14. But even if the sector rose 50% from there, it’s still down 23.5% from the end of 2019.

Of the 10 S & P 500 shares that at least 75% of analysts rated as “buy,” nine are the most “upward.” It is the energy sector that expands the list to the top 25 and 10. This is what the non-energy names follow. Scroll the table at the bottom to see all the data.

Company

Ticker

Share “Purchase” Ratings

Share a neutral rating

Share “sell” ratings

Closing Price-October 14th

Consensus price target

Potential 12-month rise

Total Return-2020

Diamond Back Energy Co., Ltd.

USA: FANG

89%

11%

0%

$ 30.49

$ 56.57

86%

-66%

Devon Energy Co., Ltd.

USA: DVN

76%

twenty four%

0%

$ 9.32

$ 16.42

76%

-62%

Baker Hughes Co. Class A

USA: BKR

81%

19%

0%

$ 13.15

$ 20.23

54%

-47%

Valero Energy

USA: VLO

86%

9%

Five%

$ 41.71

$ 64.11

54%

-53%

Marathon Petroleum Corporation

USA: MPC

76%

twenty four%

0%

$ 29.91

$ 45.67

53%

-48%

Concho Resources Inc.

USA: CXO

89%

11%

0%

$ 48.66

$ 72.73

49%

-44%

Pioneer Natural Resources Co., Ltd.

US: PXD

91%

9%

0%

$ 90.09

$ 130.88

45%

-39%

Phillips 66

USA: PSX

95%

Five%

0%

$ 52.08

$ 75.63

45%

-51%

ConocoPhillips

USA: COP

89%

11%

0%

$ 34.53

$ 48.72

41%

-45%

Williams Cos. Inc.

USA: WMB

80%

20%

0%

$ 19.68

$ 24.52

twenty five%

-11%

Source: FactSet

Click the ticker for more information on each company.

Based on consensus price targets, the 15 non-energy S & P 500 shares that are most likely to rise for 12 months and have been “purchased” or evaluated as equivalent by at least 75% of analysts covering them are: ..

Company

Ticker

Share “Purchase” Ratings

Share a neutral rating

Share “sell” ratings

Closing Price-October 14th

Consensus price target

Potential 12-month rise

Citigroup Co., Ltd.

US: C

81%

19%

0%

$ 43.03

$ 63.92

49%

Cigna Co., Ltd.

US: CI

89%

11%

0%

$ 174.49

$ 241.44

38%

CVS Health Corp.

US: CVS

75%

twenty five%

0%

$ 58.51

$ 79.29

36%

L3Harris Technologies Inc.

USA: LHX

100%

0%

0%

$ 176.35

$ 236.45

34%

Leidos Holdings Inc.

USA: LDOS

86%

14%

0%

$ 88.49

$ 118.00

33%

Carmax Co., Ltd.

USA: KMX

81%

13%

6%

$ 91.58

$ 122.00

33%

NRG Energy Inc.

USA: NRG

80%

20%

0%

$ 33.71

$ 44.44

32%

Las Vegas Sands Corporation.

USA: LVS

78%

twenty two%

0%

$ 44.98

$ 59.25

32%

Raytheon Technologies Corp.

US: RTX

75%

twenty five%

0%

$ 59.94

$ 78.18

30%

LKQ Corp.

USA: LKQ

83%

17%

0%

$ 30.96

$ 40.33

30%

Centene Corporation

US: CNC

90%

Ten%

0%

$ 65.19

$ 83.03

27%

General Motors Co., Ltd.

USA: GM

82%

18%

0%

$ 31.67

$ 40.33

27%

Northrop Grumman Co., Ltd.

USA: NOC

82%

14%

Four%

$ 314.89

$ 394.45

twenty five%

Fiserv Inc.

USA: FISV

81%

16%

3%

$ 102.71

$ 126.88

twenty four%

Micron Technology Co., Ltd.

US: MU

79%

18%

3%

$ 51.63

$ 62.86

twenty two%

Source: FactSet

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