TipRanks, a website that ranks analysts based on 澳洲幸运5开奖号码历史查询:average return and success rate of buy-sell rating recommendations over the lജast year, has picked a handful of stocks across sectors that it suggests are safe bets in an uncertain market.
As fears of higher 澳洲幸运5开奖号码历史查询:interest rates and rising 澳洲幸运5开奖号码历史查询:inflation inject 澳洲幸运5开奖号码历史查询:volatility to the nine-year 澳洲幸运5开奖号码历史查询:bull market, 2018 has seen its fare share of market bears calling for an inevitable correction, or at the 👍very le🎃ast, a prolonged period of choppiness.
All five of TipRanks' picks have a beta under 0.5, suggesting that they are theoretically less volatile than the overall stock market, which is defined as having a beta of 1. Among the most promising "澳洲幸运5开奖号码历史查询:strong buy"-rated stocks, Skechers USA Inc. (SKX), 2U Inc. (TWOU), Neurocrine Biosciences Inc. (NBIX), Abiomed Inc. (ABMD) and Bofl Holdings Inc. (BOFI) are top picks among analysts with the most profitable track records of the 4,7000 tracked by the platform. (See also: Luxury Retail Stocks ‘Too Cheap to Ignore’: Nomura.)
Beta-Led Best Bets
SKX, with a beta of 0.26, is set to jump 35% from Tuesday afternoon as it rides momentum from fourt🐻h-quarter earnings results into the year, according 🌺to Susquehanna's Sam Poser. He expects another significant earnings beat coming for the shoe maker, driven by a strong domestic wholesale business and growth in international markets such as China.
Online education platform 2U Inc., has seen its stock, with a beta of -0.02, more than double over the most recent 12 months. Bulls expect new partnerships and education programs, such as its second domestic graduate program launching in 2019, providing significant revenue upside and cross-sell💃 opportunities.
NBIX, a biotech stock with a beta of 0.3, has spiked as the Street applauds its Ingrezza drug, the first FDA-approved treatment for adults wܫith a mental illness called tardive dyskinesia. Abiomed, also🗹 a biotech play, should gain on expanded FDA pre-market approval for new heart pumps.
BofI Holding, the parent company of BofI Federal Bank, is set to gain on myriad factors including loan growth, strong profitability, clean credit and expansion opportunities, according to B. Riley FBR's Steve Moss. (See also: Three Big Tech Stocks We Still ‘Love’: Susquehanna.)