Multiple investing opportunities shared inside⦠[TradeSmith Daily]( As Wall Streetâs Top Analysts Feel the âFOMOâ Squeeze, Hereâs Where to Make Money Next
When we talk about âFOMOâ — the acronym for the âfear of missing outâ — weâre really talking about emotion-driven investing. Weâre talking about investors âchasingâ stocks that are already hot… that are already off to the races. And weâre usually talking about individual investors. Usually… but not always. Wall Street analysts are now falling prey to FOMO. Analysts make their bones on their predictions — for company earnings, corporate share prices, and even targets for market indices like the Dow Jones, S&P 500, and the Nasdaq Composite. So they look great when their predictions come true. But they look tepid or risk-averse when those targets for a stock get leapfrogged. Once that happens, these sell-siders are forced to play âcatch-upâ — to âchaseâ stocks or the market. Itâs a true âfear of missing outâ — so they have to create new price targets. Itâs happening right now. RECOMMENDED LINK [The Tesla Transformation Everyone Is Missing](
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The rope-burning speed that saw the S&P 500 transition from bear to bull market on June 8 caught those investment-bank sell-siders by surprise. Their targets have been leapfrogged — and the âFOMOâ pressure is spooling up. They seem out of touch with the markets. Theyâre âleaving money on the table.â Theyâre getting calls from angry clients. And, rest assured, theyâre being pilloried by their bosses. Weâre now watching as analysts race to (in the jargon of Wall Street) âupwardly reviseâ their forecasts, with the S&P 500 already surpassing previous projections for the entire year. On July 20, the S&P 500 was higher than 22 out of the 23 year-end projections made in January that Bloomberg tracked. In a new round of revisions, one of the most bullish projection changes in terms of percentage came from the Switzerland-based global financial services firm Credit Suisse, hiking its 4,050 end-of-year S&P 500 target by 16% to 4,700. Research provider Fundstrat already had a bullish outlook for the S&P 500 with a year-end target of 4,750. But even those folks felt an upgraded target was warranted. Fundstratâs new end-of-year target for the S&P 500 is 4,825. Itâs not a bad thing to have extra confirmation of bullish outlooks, but thereâs a bigger lesson here. No matter what is going on, there are always bullish opportunities to make money⦠and you have an edge if you know where they are while everyone else is waiting on the sidelines for âconfirmationâ that now is the right time to invest. Weâre here to give you that edge. Because we didnât have to wait for investment bankers to get bullish in the middle of 2023. We knew where to look for moneymaking opportunities way before that. Always a Market for Making Money
Unlike other âfinancial researchâ firms — which copy-and-paste headlines as a substitute for real advice — the TradeSmith team provides actionable insights. Opportunities based on quantitative analytics. Opportunities that pay off… that put real money in your pocket. In a September 2022 [Special-Situation Central]( report, I discussed the arbitrage opportunity between Microsoft Corp. (MSFT) acquiring Activision Blizzard Inc. (ATVI). At the time, Activision Blizzard was trading for $76 per share. With the deal nearing the finish line, ATVI is trading for $92.55 — a 21% return. RECOMMENDED LINK [The No. 1 AI-powered stock of the decade](
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In our August 2022 [Special-Situation Central feature]( I outlined the investable clues of why the World Wrestling Entertainment Inc. (WWE) was wearing a âbuyout bullseye.â On the day of that report, the stock opened at $72.81 per share. On April 3 of this year, the WWE and the parent company of the UFC — Endeavor Group Holdings Inc. (EDR) — announced a merger. Today, the stock price is trading for $106.42, a 46% jump. And in our September 2022 [Buy This, Not That]( TradeSmith Daily feature, I highlighted On Semiconductor Corp. (ON) as a âBuy Thisâ stock when it was trading for $66.10. Trading for $97.69 as of this writing, ON is up 47%. Iâm sharing this not to boast, but because it demonstrates our data-based, action-first, stay-ahead-of-the-crowd mindset. We donât succumb to FOMO like most investors because we act first — and let others chase us. And weâre not resting on our laurels. We are constantly sharing new opportunities. Like the opportunity in [Delta Air Lines Inc. (DAL)](. And the opportunity in [elf Beauty Inc. (ELF) and DoubleVerify Holdings Inc. (DV)](. And the opportunity to own a [real âAI winner.â]( [And the opportunity to know at a glance if a stock is worth your hard-earned dollars.]( Each morning, we will continue to bring you those types of opportunities and separate the noise from what matters. Enjoy your Wednesday, [Keith Kaplan]Keith Kaplan
CEO, TradeSmith [Download now on the Apple Store](
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