Energy leads the charge with 3 stocks (TTE, EC, CVE) recently rated strong buy by analysts on Tuesday. Financial and industrial giants (MA, EQH, STRL) also gained traction on Wednesday following significant upward earnings estimate revisions. Average target upside of 18% suggests momentum in value-oriented sectors remains robust. However, persistent inflation concerns could dampen near-term growth in high-multiple consumer discretionary names.
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Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.