They include technology companies, industrial companies and a real estate-related company.
J.P. Morgan analysts have published their monthly “focus list” of stocks for April. The list is based on these strategies: “near-term, growth, value, and short ideas.”
The analysts added nine new stocks to the April list, all of which received overweight ratings from J.P. Morgan analysts. All the share-price targets below are for year-end 2022.
· Arista Networks (ANET) – Get Arista Networks, Inc. Report, a cloud networking solutions company. J.P. Morgan has a price target of $160, and the stock recently traded at $140.
· Ciena (CIEN) – Get Ciena Corporation Report, a communications network company. The price target is $85, and the stock recently traded at $61.
· S&P Global (SPGI) – Get S&P Global, Inc. Report, a financial information company. The price target is $480, and the stock recently traded at $408.
· AGCO (AGCO) – Get AGCO Corporation Report, an agricultural equipment maker. The price target $178, and the stock recently traded at $146.
· Sterling Check (STER) , which provides identity verification services. The price target is $30, and the stock recently traded at $27.
· Illinois Tool Works (ITW) – Get Illinois Tool Works Inc. Report, which makes industrial equipment. The price target is $255, and the stock recently traded at $209.
· Canadian Pacific Railway (CP) – Get Canadian Pacific Kansas City Limited Report, a railroad company. The price target is C$113, and the stock recently traded at C$98.
· Realogy (RLGY) – Get Realogy Holdings Corp. Report, a real estate brokerage conglomerate. The price target is $21, and the stock recently traded at $15.70.
· Salesforce (CRM) – Get salesforce.com, inc. Report, a business software company. The price target $316, and the stock recently traded at $215.
Among the famous stocks taken off the list for April are:
· Apple (AAPL) – Get Apple Inc. Report, the consumer electronics giant. The price target is $210, and the stock recently traded at $175.
· Caterpillar (CAT) – Get Caterpillar Inc. Report, the construction equipment giant. The price target is $257, and the stock recently traded at $220.
Both stocks are rated overweight by J.P. Morgan analysts.
