Hey Insiders, Today we will complete the list of the top 10 performers from last week that was started in yesterday's newsletter. We will then look at lists put together by Goldman Sachs for the best- and worst-performing stocks in the next 12 months. Onward and Upward, | | |
Stock to Watch: Hess Corporation (NYSE: HES) - This energy stock was up 20.6% this week.
- It has a buy rating from 44% of the Wall Street analysts that track the stock.
- On average, Wall Street analysts believe the stock will jump by 5.3% in the next 12 months.
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Stock to Watch: Pioneer Natural Resources Company (NYSE: PXD) - This energy stock was up 20.2% this week.
- It has a buy rating from 48.5% of the Wall Street analysts that track the stock.
- On average, Wall Street analysts believe the stock will jump by 8.4% in the next 12 months.
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Stock to Watch: Western Digital Corporation (NASDAQ: WDC) - This tech stock was up 19.6% this week.
- It has a buy rating from 39.3% of the Wall Street analysts that track the stock.
- On average, Wall Street analysts believe the stock will jump by 34.9% in the next 12 months.
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Stock to Watch: Diamondback Energy (NASDAQ: FANG) - This energy stock was up 18.9% this week.
- It has a buy rating from 71.9% of the Wall Street analysts that track the stock.
- On average, Wall Street analysts believe the stock will jump by 20.9% in the next 12 months.
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Stock to Watch: Schlumberger NV (NYSE: SLB) - This energy stock was up 18.6% this week.
- It has a buy rating from 83.3% of the Wall Street analysts that track the stock.
- On average, Wall Street analysts believe the stock will jump by 16% in the next 12 months.
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Goldman Sachs' Top 10 Picks Goldman Sachs has put together a list of stocks that they feel will perform best by the end of 2023; these stocks include many technology companies, healthcare companies, and other industries that have seen significant declines in 2022. The list includes: - Moderna (TSE: MDNA), which they see as having a 150% upside.
- Salesforce (NYSE: CRM), which they see as having a 122.5% upside.
- Adobe (NASDAQ: ADBE), which they see as having a 96.2% upside.
- Meta Platforms (NASDAQ: META), which they see as having an 87.9% upside.
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Goldman Sachs' Top 10 Stocks to Short Goldman also lists the stocks they feel will fall the most by the end of 2023. They include: - Netflix (NASDAQ: NFLX), which they see as having a 21% downside.
- JM Smucker (NYSE: SJM), which they see as having a 19.2% downside.
- Nasdaq (NASDAQ: NDAQ), which they see as having a 15.3% downside.
- General Mills (NYSE: GIS), which they see as having a 16.5% downside.
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NOTE: Inside.com newsletter, event, and website content reflects the opinions of only the authors who are associated persons of Inside.com and do not reflect the views of Inside.com. This content is for informational purposes only, and is not a recommendation of an investment strategy or to buy or sell any security, digital asset (including cryptocurrency) in any account. The content is also not a research report and is not intended to serve as the basis for any investment decision. The content is not legal advice. Any third-party information provided therein does not reflect the views of Inside.com. All investments involve risk including the loss of principal, and past performance does not guarantee future results. | |
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| | Liam Gill is a founder, lawyer and investor. He previously founded Fumarii Technologies, which became a top 20 ranked cloud computing service (Yahoo Finance! 2019) valued at over $30M. He holds an LLB Laws (UK), MSc Management and Master of Laws and currently practices law in Vancouver, Canada. | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords. | |