At Extreme Investor Network, we are constantly analyzing the market to identify the best investment opportunities for our readers. In a recent report by Piper Sandler, a “triple select” list was unveiled for May, highlighting stocks that are primed for success due to a combination of favorable macroeconomic conditions, strong company fundamentals, and promising chart analysis.
One of the top picks on the list is M & T Bank, a regional bank that has seen a significant turnaround in its stock price, climbing nearly 10% in 2024. Analyst Frank Schiraldi believes that M & T Bank’s emphasis on credit quality and excess capital make it a compelling investment with potential for further growth. With a recent 52-week high reached on May 15, M & T Bank is positioned for continued success.
Oracle, a leading database software and technology firm, also made the cut on Piper Sandler’s list. With shares up about 11% in 2024, Oracle is recognized for its strong cash flow return on equity and historical EPS growth. Analyst Brent Bracelin sees potential for Oracle to capitalize on the growing demand for artificial intelligence, positioning the company for future growth in the cloud infrastructure market.
Another standout stock on the list is Tractor Supply, a retailer that has seen its shares surge over 32% in 2024. Analyst Peter Keith attributes Tractor Supply’s success to exceptional cash flow profitability and minimal deflationary pressure, making it an attractive investment in the current market environment.
At Extreme Investor Network, we are committed to providing our readers with valuable insights and analysis to help them make informed investment decisions. Stay tuned for more expert analysis and investment recommendations to help you succeed in the ever-changing world of finance.