With the end of the year approaching, where are analysts most optimistic and pessimistic in terms of their ratings on stocks in the S&P 500? How have their views changed over the past few months?
Overall, there are 10,362 ratings on stocks in the S&P 500. Of these 10,362 ratings, 50.4% are Buy ratings, 42.5% are Hold ratings, and 7.0% are Sell ratings.
At the sector level, analysts are most optimistic on the Energy (66%), Health Care (59%), and Communication Services (59%) sectors, as these three sectors have highest percentages of Buy ratings.
On the other hand, analysts are most pessimistic about the Consumer Staples (39%), Utilities (42%), Financials (42%), and Real Estate (43%) sectors, as these sectors have the lowest percentages of Buy ratings. The Real Estate sector also has the highest percentage of Hold ratings (51%), while the Consumer Staples (12%) and Utilities (11%) sectors also have the highest percentages of Sell ratings.
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At the company level, the 10 stocks in the S&P 500 with the highest percentages of Buy ratings and the highest percentages of Sell ratings are shown in the tables below.
Highest % of Buy Ratings in S&P 500: Top 10 (Source: FactSet)
|
Company
|
Buy
|
Hold
|
Sell
|
|
Assurant, Inc.
|
100%
|
0%
|
0%
|
|
Diamondback Energy, Inc.
|
97%
|
3%
|
0%
|
|
Amazon.com, Inc.
|
96%
|
4%
|
0%
|
|
L3Harris Technologies Inc
|
95%
|
5%
|
0%
|
|
salesforce.com, inc.
|
93%
|
7%
|
0%
|
|
Quanta Services, Inc.
|
93%
|
7%
|
0%
|
|
Boston Scientific Corporation
|
92%
|
4%
|
4%
|
|
Visa Inc. Class A
|
91%
|
6%
|
3%
|
|
Mastercard Incorporated Class A
|
91%
|
6%
|
3%
|
|
ConocoPhillips
|
91%
|
9%
|
0%
|
Highest % of Sell Ratings in S&P 500: Top 10 (Source: FactSet)
|
Company
|
Buy
|
Hold
|
Sell
|
|
Franklin Resources, Inc.
|
0%
|
47%
|
53%
|
|
Globe Life Inc.
|
33%
|
22%
|
44%
|
|
Macy's Inc
|
13%
|
44%
|
44%
|
|
W. R. Berkley Corporation
|
17%
|
42%
|
42%
|
|
Consolidated Edison, Inc.
|
12%
|
47%
|
41%
|
|
Hormel Foods Corporation
|
8%
|
54%
|
38%
|
|
Clorox Company
|
13%
|
50%
|
38%
|
|
Campbell Soup Company
|
13%
|
50%
|
38%
|
|
Robert Half International Inc.
|
21%
|
43%
|
36%
|
|
Waters Corporation
|
0%
|
67%
|
33%
|
Since September 30, the total number of ratings on S&P 500 companies has increased by 1.0% (to 10,362 from 10,258). The number of Buy ratings has decreased by 1.8% (to 5,227 from 5,324). Three sectors have witnessed an increase in Buy ratings, led by the Information Technology (+4%) sector. Eight sectors have seen a decrease in Buy ratings, led by the Financials (-9%) sector. The number of Hold ratings has increased by 3.2% (to 4,408 from 4,272). Eight sectors have recorded an increase in Hold ratings, led by the Consumer Discretionary (+10%) and Industrials (+9%) sectors. Three sectors have witnessed a decrease in Hold ratings, led by the Energy (-4%) sector. The number of Sell ratings has increased by 9.8% (to 727 from 662). Eight sectors have a recorded an increase in Sell ratings, led by the Communication Services (+42%) and Materials (+33%) sectors. Three sectors have seen a decrease in Sell ratings, led by the Energy (-4%) sector.
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