35 Stock Ideas Oppenheimer Analysts Love Right Now
Wayne Duggan
Oppenheimer just released its 35 top stock ideas for October and November. Here’s a rundown of the full list with analyst commentary included. 1. Turtle Beach Corp (NASDAQ: HEAR)
Analyst Sean McGowan sees two drivers of the stock: the “resurgence in video games” and the rollout of “directed audio” technology HyperSound.
2. Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA)
Analyst Rupesh Parikh believes the company is capable of sustaining up to +7.0 percent comps and has “the potential to expand to more than 1,200 units over time.”
Analyst Ben Chittenden pointed out that the stock is “trading at less than 10x 2016 consensus EPS, which equates to a 62 percent relative multiple to the S&P 500.”
Analyst Steve Manaker believes “the market is underestimating HIW’s growth potential as its financial results should appreciate above expectations from portfolio expansion and improving market fundamentals.”
Analyst Christopher Marai anticipates “preliminary positive results will show [the] value of CLLS’s gene-editing technology and well-funded best-in-class CAR-T platform.”
Analyst Akiva Felt feels “TEVA is emerging as a turnaround story fueled by business development opportunities that mesh well with the company’s existing strengths.”
Analyst Michael Wiederhorn sees the company as “a well-run company, with high-quality markets and a long-standing track record of recognizing gains from the acquisition market.”
Analyst Rohit Vanjani believes KP201/APAP will gain FDA acceptance for the treatment of acute to moderately severe pain “sometime in the mid-2016 timeframe, with a potential launch in 2017.”
Analyst Holden Lewis praised the company’s “truly differentiated business model that enables it to tap the secular growth of rapid prototyping and generate strong margins and cash flow.”
Analyst Brian Schwartz calls the company “a leading pure play contact center-as-a-service supplier currently disrupting the contact center software market.”
Analyst Rick Schafer believes the company is “rapidly transforming into a diversified analog semiconductor company enabling global connectivity and the Internet of Things.”
Analyst Jed Kelly likes the company’s “superior business execution, strong presence in international markets [...] and above-industry growth prospects.”
Disclosure: The author owns shares of Halliburton.
