With the third quarter of what has proven to be a remarkable 2020 coming to a close, many of the firms we cover across Wall Street already are looking to the stretch run of the year and at what should be an improving 2021 economy as we emerge from the COVID-19 pandemic restrictions. One thing’s for sure. The rally everybody was looking to arrive in the second half of the year already may have come and gone.
Despite the recent selling, the S&P 500 has made a stunning reversal off the March 23 lows, recouping all the losses while printing new all-time highs. Jefferies analysts were tasked with providing their 50 top high-conviction ideas for the second half of 2020 and beyond. The research report that covered them all noted this:
We present the US Research team’s current top ideas, spanning all sectors under