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Symantec 56% Upside Tops NASDAQ Late January Dogs

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chmcnfunds   Thursday, 02/13/14 02:29:55 PM
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Symantec 56% Upside Tops NASDAQ Late January Dogs

Feb. 13, 2014 9:11 AM ET | 1 comment

Results from Yahoo Finance tallied for NASDAQ 100 Index members as of market closing prices February 5, 2014 were compared to analyst mean target price projections one year out. The resulting chart of that data shown below turned up ten stocks exhibiting 8% to 56% price upsides. Symantec, (SYMC) the Mountain View, CA security software and services provider showed the 56.43% that led the NASDAQ 100 Index. Perhaps the heightened interest in security issues surrounding the Sochi Olympics competition triggered the analyst enthusiasm.

Actionable Conclusion (1): 10 NASDAQ Dogs See 8.2% to 56.43% Upsides In Late January

The chart above used one year mean target price set by brokerage analysts multiplied by the number of shares in a $1k investment to compare NASDAQ 100 Index stocks showing the highest upside price potential into 2015 out of 20 selected by yield. The number of analysts providing price estimates was noted after the name of each stock. Three to nine analysts were considered optimal for a valid mean target price estimate.

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http://seekingalpha.com/article/2017861-symantec-56-percent-upside-tops-nasdaq-late-january-dogs?source=google_news

56% implies holding for one year and tops the upside noted in the prior post, "Consensus Price Target: $27.00 (20.64% upside)".

SYMC

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