Stocks Outperforming Since SVB Collapse
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Hey Insiders, Despite the setback caused by the recent failure of Silicon Valley Bank, the S&P 500 has been on the rise in the weeks since the crisis unfolded. Interestingly, the tech trade has been leading this charge, with investors flocking back to technology stocks after a challenging year of rising yields and higher interest rates that negatively impacted their valuations. The larger, established companies with strong balance sheets, cash flows, and positive earnings outlooks are performing well. Today we will be looking at which companies have been performing best since the failure of SVB. Onwards and Upwards, | | |
Stock To Watch: Insulet Corp (PODD) - Since the banking crisis started, Insulet Corp has been up 13.9%.
- 52.6% of Wall Street analysts recommend that their clients purchase the stock.
- On average, Wall Street analysts believe the stock will rise by 3.8% in the next year.
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Stock To Watch: Arista Networks (ANET) - Since the banking crisis started, Arista Networks has been up 13.3%.
- 59.3% of Wall Street analysts recommend that their clients purchase the stock.
- On average, Wall Street analysts believe the stock will rise by 1.6% in the next year.
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Stock To Watch: Advanced Micro Devices (AMD) - Since the banking crisis started, Advanced Micro Devices has been up 12.4%.
- 57.1% of Wall Street analysts recommend that their clients purchase the stock.
- On average, Wall Street analysts believe the stock will fall by 2.7% in the next year.
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Stock To Watch: Alphabet Class A (GOOGL) - Since the banking crisis started, Alphabet has been up 11.3%.
- 76.0% of Wall Street analysts recommend that their clients purchase the stock.
- On average, Wall Street analysts believe the stock will rise by 19.5% in the next year.
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Stock To Watch: Newmont Corp. (NEM) - Since the banking crisis started, Newmont Corp. has been up 10.5%.
- 45.5% of Wall Street analysts recommend that their clients purchase the stock.
- On average, Wall Street analysts believe the stock will rise by 20.3% in the next year.
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Stock To Watch: Intel Corp. (INTC) - Since the banking crisis started, Intel Corp. has been up 9.5%.
- 11.9% of Wall Street analysts recommend that their clients purchase the stock.
- On average, Wall Street analysts believe the stock will fall by 1.5% in the next year.
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Stock To Watch: Meta Platforms Class A (META) - Since the banking crisis started, Meta has been up 9.3%.
- 61.8% of Wall Street analysts recommend that their clients purchase the stock.
- On average, Wall Street analysts believe the stock will rise by 8.2% in the next year.
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Stock To Watch: Tesla (TSLA) - Since the banking crisis started, Tesla has been up 8.6%.
- 43.5% of Wall Street analysts recommend that their clients purchase the stock.
- On average, Wall Street analysts believe the stock will fall by 0.2% in the next year.
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Stock To Watch: Nvidia Corp. (NVDA) - Since the banking crisis started, Nvidia Corp. has been up 8.3%.
- 63.0% of Wall Street analysts recommend that their clients purchase the stock.
- On average, Wall Street analysts believe the stock will rise by 3.6% in the next year.
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Stock To Watch: Adobe Inc. (ADBE) - Since the banking crisis started, Adobe Inc. has been up 8.2%.
- 36.1% of Wall Street analysts recommend that their clients purchase the stock.
- On average, Wall Street analysts believe the stock will rise by 5.0% in the next year.
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