What analysts are buying for Christmas
Written by Michael Vass
Mortgages are in trouble, and the financial sector is reeling because of it. Enormous discounts, online sales, massive toy recalls and a recent correction place serious questions on the outcome of the 4th quarter. The chance of a Democratic Presidential candidate winning the 2008 election stands high. And whispers of a potential for a recession loom in the background.
Investors are searching left and right for a place to move their money, and there are few comfortable places to go. But there are a few choices out there. In particular is the Energy sector. A quick glance at a chart of the S&P 1500, with 10 analyst recommendations or more, shows a surprising trend. Energy is considered a buy, with 54% of these stocks holding buy recommendations.
