Stock picking will once again rule in 2016, a year expected to bring increased volatility and muted returns for the major indexes, strategists on Wall Street predict.
About two-thirds of S&P 500 components saw year-to-date moves of at least 10 percent, with the majority falling in the biggest number of declines since the 2008 financial crisis, according to Howard Silverblatt, senior index analyst at S&P Dow Jones Indices. He expects that divergence to continue next year.
"You've got a lot of items still on the plate there that will increase volatility, especially if perceptions change and you get reallocation," Silverblatt said.
Here's a list of stocks most loved by Wall Street.