Wall Street’s top analysts are betting on buy-rated stocks like DraftKings and Etsy right now

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Boosted by fresh stimulus hopes, the markets have rallied this week. But the overall picture remains one of volatility and uncertainty. As yet no stimulus deal has actually been agreed, and with so many different factors at play (with the coronavirus vaccines, and upcoming elections) it’s not easy to pinpoint stocks poised to outperform.



a police car parked in a parking lot: An employee pulls carts towards a Walmart store in Lakewood, California, July 16, 2020.


© Provided by CNBC
An employee pulls carts towards a Walmart store in Lakewood, California, July 16, 2020.

One way to find the most compelling investing opportunities is to follow the latest stock recommendations from analysts with a proven track record of success. TipRanks analyst forecasting service attempts to pinpoint Wall Street’s best-performing analysts. These are the analysts with the highest success rate and average return measured on a one-year basis — factoring in the number of ratings made by each analyst. 

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What’s more all six stocks covered below don’t just have the support of one top analyst. These stocks all score a ‘Strong Buy’ Street consensus on TipRanks, based on all the top analyst ratings published over the last three months.

Here are the best-performing analysts’ six favorite stocks right now:

DraftKings

Five-star Needham analyst Brad Erickson has just initiated coverage of sports betting giant DraftKings. He kicked off his coverage with a buy rating and $70 price target.

“We view DKNG as one of the leading beneficiaries as online sports betting and gambling take off in the U.S. – an opportunity we size between $42 and $58 billion annually longer-term” the analyst stated on September 30.

Looking forward, he expects the regulatory tailwind to persist and believes online providers’ access to data creates a structurally better user experience vs. brick & mortar.

“Thanks to DKNG’s data-centric approach to customer acquisition and its leading brand & marketing approach, we believe the company could

Wild Chickens Rule the Streets in Some Beach Towns. Here’s Why One Scientist Is Studying Them

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This article appeared in the November 2020 issue of Discover magazine as “Where the Wild Things Crow.” Subscribe for more stories like these.


If you’ve ever hit the beaches of Key West, Bermuda or Hawaii looking for a tranquil vacation, you may have experienced a rude awakening. By a rooster, that is.

These tourist-laden seaside towns are full of feral chickens. They roam the graveyards. They strut the beaches. They peck at leftovers beneath busy tables on restaurant patios. Legends about the birds abound, including that one flock arrived on the wings of a Pan Am jet and that some were bred to have extra toes. But are they good for anything besides waking us up?

Eben Gering thinks so. He’s been chasing free-roaming fowl around beaches across the globe for almost a decade. An assistant professor of biology at Nova Southeastern University in south Florida, Gering is convinced that these birds hold answers to core questions about gene evolution and disease resistance. Though he tracks many wild animals that hold scientific secrets, feral chickens are his favorite.

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(Credit: Yakonstant/Shutterstock)

Q: There are so many animals in the world; how did you end up focusing on chickens?

A: From a practical perspective, they’re easy to watch. They don’t fly great distances, and they’ll perform all kinds of interesting behaviors right in front of you. So, we’re able to get data on chickens that would be much harder to get if we were studying other kinds of organisms. We’re even able to use geo-referenced photographs of chickens that people post on their social media while on vacation to track things like when the hens have chicks and the prevalence of genetic traits like yellow legs.

Q: And why feral chickens?

A: In biology right now, we have some really interesting research

Value Stocks Lead Correction: What Wall Street’s Saying

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Stocks fell considerably Monday in an ongoing correction led by not by growth tech stocks, but rather by growing concerns over the speed of the economic recovery.

The S&P 500 fell 1.16%, with the tech-heavy Nasdaq down just 0.13%. The price of crude oil fell 3.5% to $39 a barrel and the 10-year Treasury yield fell to 0.67%. Yields fall when prices rise.

Growth tech stocks have received a considerable rerating of valuation, as the Nasdaq 100 is now down more than 12% since Sept. 2. Tech stocks had run up to stratospheric valuations this year on accelerated demand for at-home services, which are also high-growth areas. Now, many are wondering whether there has been a massive pull-forward of demand, which makes later years far less growth-like than the next few years are.

But the selling in tech stocks abated by midday, with the Nasdaq 100 finishing up 0.4% for the day.

It was cyclical value that accounted for the drop in the S&P 500 to a level roughly in-line with where it was to start the year. The Vanguard S&P 500 Value ETF  (VOOV) – Get Report, home to large cap defensive and cycle names, fell 2.56%. This indicates investors are worried about the speed of the economic recovery. Growth tech stocks have secular growth trends less correlated to economic output. Value stocks are largely tethered to the economic cycle. Some cyclical sectors trade at rich valuations, others at cheaper ones, though valuations are largely somewhere close to in-line with levels appropriate for the low interest rate environment.

So in order for value to continue rising, near-term earnings momentum must be upheld. With interest rates already near rock-bottom levels, fiscal stimulus is imperative to the economic recovery, with small businesses still not fully open and very