MarketWatch writes article about 10 favorite stocks on Wall Street for 2016:
By Philip van Doorn
Published: Dec 28, 2015 5:06 p.m. ET
Sell-side analysts still love Range Resources, EQT and other oil
producers
By
Philipvan Doorn
Investing columnist
Wall Street analysts once again are betting big on oil and gas
producers.
This may see like a case of d”j” vu, considering what were their
favorite calls as this year began. And they may eventually be right
about prices for oil and other commodities, and therefore the financial
prospects for energy stocks. But based on recent developments,
including the decision by major producers not to cut production,
investors need to be picky and patient.
As investors look toward 2016, the typical 12-month period for Wall
Street price targets may be a very short investment horizon given how
long it may take oil prices to recover to anywhere near the levels they
were hitting in the first half of 2014.
MarketWatch Article Source Here.