In every market, at any time, we see stocks whose prices are down significantly. But during market adjustments, we will see this phenomenon in more stocks, and here we can look for opportunities to get to the bottom before the anticipated upside down.
In the middle of October, data provided by FactSet show that exactly half of the shares included in the S & P500 are down 20% of their historical peaks.
In one market it is defined as a bear market when prices are down 20% or more. on 26.11 206 shares were 20% down from their 52-week highs. This list is huge, but it will be interesting to see which companies in bearish territory will be preferred by Wall Street. The whole list narrows down to 22 companies that are in the preference of at least 10 analysts with at least 80% purchase rating, according to FactSet:
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