Tuesday, 10 July 2018 09:52

4 Stocks Set to Surge

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(New York)

One of the bright spots in the stock market right now is that analysts have been revising up their earnings estimates. That is a break from usual practice and is being driven by increasingly rosy views of how tax cuts will play out for companies. But those revisions create opportunities, especially for stocks which are seeing enhanced forecasts but whose share prices have been stagnant. According to Barron’s, Intel, Marathon Petroleum, Lockheed Martin, and Michael Kors, all look likely to do well in the near-term because of this mismatch. Intel, for instance, has seen soaring revenue numbers and trades at only 13x projected earnings.

FINSUM: The logic on these picks is interesting, as it seems to be a short to medium-term value play. Interesting and diverse group of names to look at.

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