9 Stocks Analysts Are Crazy About That Have Massive Upside Ahead

Analysts say each of these 9 stocks are in for double-digit upside over the next twelve months.

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Stocks have been on a wild ride so far this year. But we’re now at the half-way point, and the S&P 500 is up 19% year-to-date.

Many investors are now searching for those stocks that will be winners in the second half and, thankfully, analysts have pointed us in the right direction.

According to CNBC, there are a handful of stocks favored by analysts whose forecasts have only gone up in the last three months. Analysts’ highest conviction picks come from a range of sectors, and all have room to run for the rest of 2019.

Top stocks include energy names such as Diamondback Energy (NASDAQ: FANG) with twenty-six Buy ratings and an average price target 41% higher than the current price, Pioneer Natural Resources (NYSE: PXD) with Buy ratings from twenty-five analysts and an average price target 39% higher, and TechnipFMC (NYSE: FTI) with Buy ratings from seventeen analysts and an average price target 27% higher than its price as of this writing.

Oil and gas drilling company Diamondback Energy has the most Buy ratings on Wall Street. 

Bank of America Merrill Lynch recently issued a $170 price target for the stock—59% higher than its current price—calling it a “top pick” chosen because of “a transformational recent acquisition, top-notch execution, increased shareholder friendly initiatives and above-average oil leverage.”

Financial names also made the list, including Morgan Stanley (NYSE: MS) with Buy ratings from nine analysts and an average price target 34% higher, Raymond James Financial (NYSE: RJF) with six Buy ratings and an average price target 24% higher, and Citizens Financial Group (NYSE: CFG) with eight Buy ratings and an average price target 16% higher than current prices.

Other names that analysts love include cruise-line Royal Caribbean (NYSE: RCL) with Buy ratings from nine analysts at an average price target 29% higher than the price as of this writing, e-commerce juggernaut Amazon (NASDAQ: AMZN) with forty-three Buy ratings and an average price target 15% higher, and airline stock United Airlines (NASDAQ: UAL) with thirteen Buy ratings and an average price target 24% higher than the price as of Friday afternoon.

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