It has been a roller-coaster year so far, and as we have noted recently, the ride could become a little more bumpy this summer as a ton of headline data could weigh on things.
One thing is for sure, certain sectors look far better than others, and it appears that large and mega cap stocks are still by far the best place for investors to be, especially as we go into the last six months of the election cycle.
A very interesting new research report from Baird highlights stocks from the firm’s Estimate Revision Model during its review of the S&P 500 this month. With the bias remaining solid for large caps, the analysts at Baird track favorable stocks in the various sectors which they label as in-motion or contrarian.
We picked four stocks from the report labeled as contrarian and from sectors that appear to be shaping up best for the balance of the year, and we feature them here.
EMC
This company is flat-out cheap, trading at about six times enterprise value to EBITDA, and it is being taken private in a deal with Dell. EMC Corp. (NYSE: EMC) is technology’s large-scale storage leader, but new avenues of flash and other storage opportunities are grinding away at the tech giant’s business. The good news for the company is that storage demands are accelerating.
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