20 Stocks With The Potential To Pop
It's the basic question when investing in a stock: is it on the way up or down
To answer this question, the street has developed numerous ways of attempting to predict what will happen, estimating various attributes tied to stock performance in order to determine what the future holds for a company's valuation. After dissecting the data, analysts following a particular stock produce a price target of where they believe the stock is headed.
So far this year, the S&P 500 is up about 6 percent, with more than half (285) of the index components outperforming the overall market. The CNBC’s Analytics team looked at the stocks that have average consensus estimates farthest above their current stock prices. All values including analysts’ estimates are as of the market close on February 20, 2013. All data in this story is sourced from S&P Capital IQ and Thomson Reuters.
So, which stocks are analysts expecting to have the biggest pops? Click ahead to find out!
By Giovanny Moreano & Paul Toscano
Posted 20 Feb 2013
20. Dean Foods (DF)
Potential to Pop: 22.97%
Mean Price Target: $19.91
Closing Price (2/20): $16.19
Number of Analysts: 11
High Estimate: $22
Low Estimate: $17
19. EMC Corp. (EMC)
Potential to Pop: 24.94%
Mean Price Target: $29.36
Closing Price (2/20): $23.50
Number of Analysts: 37
High Estimate: $36
Low Estimate: $22
18. Denbury Resources (DNR)
Potential to Pop: 25.00%
Mean Price Target: $22.55
Closing Price (2/20): $18.04
Number of Analysts: 20
High Estimate: $29
Low Estimate: $17
17. Coach (COH)
Potential to Pop: 25.68%
Mean Price Target: $60.49
Closing Price (2/20): $48.13
Number of Analysts: 32
High Estimate: $79
Low Estimate: $49
16. National Oilwell Varco (NOV)
Potential to Pop: 25.81%
Mean Price Target: $85.35
Closing Price (2/20): $67.84
Number of Analysts: 26
High Estimate: $98
Low Estimate: $71
15. Capital One Financial (COF)
Potential to Pop: 25.82%
Mean Price Target: $65.77
Closing Price (2/20): $52.27
Number of Analysts: 28
High Estimate: $72
Low Estimate: $57
14. Frontier Communications (FTR)
Potential to Pop: 26.14%
Mean Price Target: $5.07
Closing Price (2/20): $4.02
Number of Analysts: 14
High Estimate: $7
Low Estimate: $3.50
13. Anadarko Petroleum (APC)
Potential to Pop: 26.36%
Mean Price Target: $101.55
Closing Price (2/20): $80.37
Number of Analysts: 28
High Estimate: $132
Low Estimate: $76
12. McGraw-Hill Companies (MHP)
Potential to Pop: 26.36%
Mean Price Target: $58
Closing Price (2/20): $45.90
Number of Analysts: 6
High Estimate: $64
Low Estimate: $51
11. Freeport McMoRan (FCX)
Potential to Pop: 27.41%
Mean Price Target: $41.05
Closing Price (2/20): $32.22
Number of Analysts: 19
High Estimate: $60
Low Estimate: $30
10. Jabil Circuit (JBL)
Potential to Pop: 28.39%
Mean Price Target: $24.60
Closing Price (2/20): $19.16
Number of Analysts: 10
High Estimate: $28
Low Estimate: $20
9. QEP Resources (QEP)
Potential to Pop: 28.90%
Mean Price Target: $38.64
Closing Price (2/20): $29.98
Number of Analysts: 14
High Estimate: $46
Low Estimate: $35
8. Peabody Energy (BTU)
Potential to Pop: 32.97%
Mean Price Target: $31.26
Closing Price (2/20): $23.51
Number of Analysts: 21
High Estimate: $45
Low Estimate: $17
7. Alexion Pharmaceuticals (ALXN)
Potential to Pop: 33.62%
Mean Price Target: $112.86
Closing Price (2/20): $84.46
Number of Analysts: 21
High Estimate: $132
Low Estimate: $78
6. WPX Energy (WPX)
Potential to Pop: 36.24%
Mean Price Target: $20.30
Closing Price (2/20): $14.90
Number of Analysts: 10
High Estimate: $31
Low Estimate: $14
5. Apache (APA)
Potential to Pop: 36.89%
Mean Price Target: $103.33
Closing Price (2/20): $75.48
Number of Analysts: 29
High Estimate: $127
Low Estimate: $81
4. Apple (AAPL)
Potential to Pop: 38.02%
Mean Price Target: $619.50
Closing Price (2/20): $448.85
Number of Analysts: 46
High Estimate: $888
Low Estimate: $270
3. Apollo Group (APOL)
Potential to Pop: 39.93%
Mean Price Target: $26.77
Closing Price (2/20): $19.13
Number of Analysts: 13
High Estimate: $46
Low Estimate: $17
2. Newmont Mining Corp (NEM)
Potential to Pop: 40.09%
Mean Price Target: $56.82
Closing Price (2/20): $40.56
Number of Analysts: 21
High Estimate: $76
Low Estimate: $44
1. Newfield Exploration (NFX)
Potential to Pop: 49.30%
Mean Price Target: $36.95
Closing Price (2/20): $24.75
Number of Analysts: 21
High Estimate: $64
Low Estimate: $25