Top Three Likely Outperformers BTIG Analysts Expect to Jump This Year
Analysts at BTIG, an investment bank now owned by U.S. Bancorp (NYSE: USB ), have published a list of the top U.S. stocks they expect to outperform in the second half of the year. Among the companies on the list are On Holding (NYSE: ONON ), Palo Alto Networks (NASDAQ: PANW ), and Capital One Financial (NYSE: COF ). BTIG Believes On Holding Has More Room for Growth On Holding, a top competitor to Nike (NYSE: NKE ) and Lululemon (NASDAQ: LULU ), has slumped by over 42% from its all-time high. This retreat mirrors that of its other competitors and is a sign that investors anticipate its growth to moderate. BTIG believes that the stock can jump to $70, double where it is today, noting that it has more room for growth. The report said: "While the bear case assumes moderating growth, we see a balanced and sustainable growth profile, with opportunity across both lifestyle and running, chann...
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