When we rank them all on their current upside-to-downside forecasts and histories of performance following those forecasts, stocks from this letter's coverage occupy a disproportionately large part of the top rankings.
Additionally, even with the market at all-time highs, VIX futures remain flat, indicating an unusually high expectation for short-term volatility that has in the past always been associated with market weakness as opposed to the current upside momentum.
We view current 2015 forecasts as conservative and see 10% upside to current retail revenue consensus (although flag that likely incremental operating expenditure investment would have a dampening effect on the profit uplift).
Within the next three months, our models are telling us that current upside potentials for these respective technology ETFs is 17.7% and 13.6%.
Chief executive Mike Lynch said: We are confident in maintaining our view of the outlook for demand and expect to continue to deliver good earnings per share growth in 2011, with upside to current market consensus.
Goldman Sachs said it is satisfied with GE's investment in emerging markets and that the stock could realize further upside to current levels.
It added, "Given the potential risk and overhang associated with protracted litigation, little upside to current 2006 earnings forecasts, and a lofty 30 times calendar 2006 price-to-earnings multiple, we would remain on the sidelines despite the recent pullback in the stock".
We currently have a $124 Trefis price estimate for Salesforce.com, which implies a 5% upside to the current stock price.
The upside to the current crisis, says a 28-year-old PKK guerilla called Slaw, is that the Kurds are finally working together.
Whilst we highlight profitability is second half weighted in an uncertain consumer environment, we see upside to the current share price.
Under this scenario, we estimate the shares could be worth 504p based on a dividend discount model, representing 20%and12%2% upside to the current share price and our sustainable return on equity-based valuation, respectively.
