24/7 Wall St. has evaluated many top outside stock picks for 2014 from Wall Street analysts and market pundits. With the Dow Jones Industrial Average and S&P hitting new all-time highs throughout 2014 and with the bull market now nearing its sixth year, we wanted to see which analyst picks in mid-cap to large-cap stocks offer the most upside.
We have taken five top stock picks from multiple brokerage firm analysts in this review. Again, these are only in active mid-cap or large-cap stocks in order to avoid the crazy calls, which we will cover later. Some of these stocks still have very big upside targets on the surface, which is why we have gone in depth on the research call and on the expectations for the year ahead.
One consideration to keep in mind about the broad market is that the Santa rally may have eaten into expected 2015 gains. With the Dow up about 11% and the S&P 500 up about 15%, the Wall Street strategists are just not seeing as much huge upside to the year-end or peak targets in 2015. The consensus estimates for the S&P 500 from the strategists imply gains of close to 6% for 2015, plus the dividend yields to consider. (more)
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