J.P. Morgan Predicts up to 140% Rally for These 2 ‘Strong Buy' Stocks [Yahoo! Finance]
Annexon, Inc. - common stock (ANNX)
Company Research
Source: Yahoo! Finance
In an interesting development, the ‘Magnificent 7' mega-cap tech firms, or at least some of them, have slowed down, giving investors a chance to diversify their portfolios without sacrificing gains. Madison Faller, global investment strategist for the investment firm JPMorgan, sheds light on the situation: “We agree that the path forward for markets is higher. We think big tech can continue to climb and other segments of the market can also join in… Other sectors and pockets of the market, such and consumer-linked names, health care and small and mid-cap companies, stand to join in the rally.” “Last year, the Magnificent 7 contributed 60% of the S&P 500's 26% total return, while remaining 493 companies accounted for just 40%. So far this year, that's flipped, with ‘everything else' now driving almost 60% of the S&P's return,” Faller added. Following her lead, the JPMorgan stock analysts have identified two small-cap stocks that show potential to gain as much as 140% in the comin
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News
- Down -43.02% in 4 Weeks, Here's Why You Should You Buy the Dip in Annexon (ANNX) [Yahoo! Finance]Yahoo! Finance
- Annexon, Inc. (NASDAQ: ANNX) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald.MarketBeat
- Are Medical Stocks Lagging Annexon (ANNX) This Year? [Yahoo! Finance]Yahoo! Finance
- Annexon Reports Inducement Grants to New Employees Under Nasdaq Listing Rule 5635(c)(4)GlobeNewswire
- Annexon, Inc. (NASDAQ: ANNX) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $16.00 price target on the stock.MarketBeat
ANNX
Earnings
- 3/26/24 - Beat
ANNX
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- ANNX's page on the SEC website