Today we are looking at the Top 30 US stocks by market capitalization (sorted by highest BUY recommendations).
Analyst recommendations provided by banks and brokers are a helpful guide in seeing what Wall Street and Institutional Investors think regarding the current price and future outlook of the stocks that they are analysing.
The analysis generally consists of in-depth fundamental evaluation of the company’s financial results, management team, industry, competitive forces, and technical factors. The stocks are then assigned a “BUY”, “HOLD”, “SELL” rating to indicate whether the stock is expected outperform, perform in-line, or underperform the market over the next 12 months. This is usually accompanied by a “Target Price”.
Source: Bloomberg 30/06/22
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