FUNDSTRAT: 13 contrarian stocks to buy by Prashanth Perumal on Dec 5, 2016, 2:07 PM Advertisement
 Fundstrat Global Advisors released a list of 23 contrarian stock ideas that analysts don't like right now. "Being 'contrarian' is arguably the best strategy as inflation expectations rise," said the report authored by Thomas J. Lee and released on Friday. Fundstrat picked stocks with a market cap of at least $1.5 billion from among industrials, materials, energy and financials. The stocks were "among less liked stocks on the sell side (first call mean rating <4.33) and the buy side (short interest >2% of float)." We present the 13 stocks from Fundstrat's list that, according to analysts, have the most downside. Trinity Industries Ticker: TRN Market cap: $4.3 billion Price: $28.06 Analysts' mean implied downside: -24% Source: Fundstrat
Wisdomtree Investments Ticker: WETF Market cap: $1.6 billion Price: $11.41 Analyst mean implied downside: -19% Source: Fundstrat
United Rentals Ticker: URI Market cap: $8.8 billion Price: $104.29 Analysts' mean implied downside: -18% Source: Fundstrat
See the rest of the story at Business Insider |
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