Actionable news
All posts from Actionable news
Actionable news in MU: Micron Technology, Inc.,

These Are The 3 Best-Rated Hot Stocks For 2H17

The first half of 2017 has taken many in the market by surprise. The volatility at the end of 2016 did not lead to an immediate stock crash but a smooth period of relative calm. In fact, elevated optimism carried the S&P 500 to return almost 10% (including dividends) in the first half of the year.

We are now starting 2H17- a date which we saw as an opportunity to find the Street’s most bullish stocks. Traditionally the second half of the year is a period of seasonal decline- hence the well-known saying ‘Sell in May and go away.’ However, with the right research, it is still possible to find exciting stock ideas with significant upside potential.

To pinpoint the most promising stock ideas for 2H17 we used TipRanks’ Trending Stocks tool. We found the best-rated stocks in the last 7 days and then limited this to only stocks with a ‘Strong Buy’ analyst consensus rating from the Street’s top analysts- i.e. the analysts with the highest success rate and average return.

Now let’s dig down into the results:

Micron (MU)- 9 buy and 1 hold rating in the last 2 days, 43% upside potential

Memory chip maker Micron has just posted...