Here are the stocks analysts love the most as the year begins—and the four they most despise.
The third darling is S&P Global (SPGI), the parent of Standard & Poor’s, with 16 buy ratings out of 16 opinions. This company was also on the hated list in 2019, yet it rose 31%. The stock has done well, but it’s not one of my favorites. [CLX](https://www.forbes.com/companies/clorox) [GEF](https://www.forbes.com/companies/greif) This biotech company, with headquarters in Boston, Massachusetts, seeks to address neuropsychiatric disorders. In addition, analysts are subject to potential sources of bias, such as their firms’ desire to win investment-banking assignments from companies. [GME](https://www.forbes.com/companies/gamestop-corp) [ED](https://www.forbes.com/companies/consolidated-edison) All this doesn’t mean that brokerage-house analysts are stupid. Against the despised stocks, the analysts have 12 wins, 11 losses and one tie. The figures cover all year from 1998 through 2022, except for 2008 when I was temporarily retired as a columnist. Last year wasn’t the only year when the Wall Street savants looked more like fools.
GuruFocus Article or News written by John Dorfman and the topic is about: The analysts' darlings averaged a 40% decline.
( [ED](/stock/ED/summary), [Financial](/stock/ED/financials)) rose, returning 16%. [GEF](/stock/GEF/summary), [Financial](/stock/GEF/financials)), which ranks second because it’s slightly smaller than American States Water. [SPGI](/stock/SPGI/summary), [Financial](/stock/SPGI/financials)), the parent of Standard & Poor’s, with 16 buy ratings out of 16 opinions. Sainsbury PLC ( [JSAIY](/stock/JSAIY/summary), [Financial](/stock/JSAIY/financials)) 24%. ( [GME](/stock/GME/summary), [Financial](/stock/GME/financials)) 50% and J. To me the stock seems expensive and the debt too high. Seven analysts follow it and four rate it a “sell.” I’ve owned this stock in the past with good results, but it’s scary to own a copper company when the economy appears headed for a recession. [CLOV](/stock/CLOV/summary), [Financial](/stock/CLOV/financials)) fell 75%, GameStop Corp. ( [ZI](/stock/ZI/summary), [Financial](/stock/ZI/financials)) dropped 28%, 31% and 53% respectively. [AMZN](/stock/AMZN/summary), [Financial](/stock/AMZN/financials)) was Wall Street analysts’ favorite stock. It has 18 “buys,” and no “holds” or “sells.” Since I believe the oil and gas industry is in a sustainable comeback, I agree with the analysts on this one. Against the despised stocks, the analysts have 12 wins, 11 losses and one tie.