Shares of AAP, SHOP, GEHC, and others join a ‘mind the gap’ list
Redburn Atlatnic added five new stocks to its “Mind the Gap” list, with four of the names outlined as buys and one of the names identified as a sell.
The five stocks that the financial institution added to its list were shares of Advance Auto Parts (NYSE:AAP), Croda (OTCPK:COIHF), GE HealthCare (NASDAQ:GEHC), NatWest (NWG) and Shopify (NYSE:SHOP). Moreover, COIHF, GEHC, NWG, and SHOP were the four names outlined as buys while AAP was the single stock labeled as a sell.
According to Redburn Atlantic, the “Mind the Gap” list identifies stock estimates that significantly diverge from the broader market and highlights the most promising opportunities for these gaps to narrow.
Year-to-date performance: AAP -32.8%, COIHF -18.9%, GEHC +16.7%, NWG +61.3%, and SHOP +1.1%.
Additionally, the five stocks join ten other names that also are a part of Redburn Atlantic’s Mind the Gap list of stocks to watch. Those ten names are as follows:
The institution noted that it retains buy views in shares of Amadeus (OTCPK:AMADF), Arkema (OTCPK:ARKAF), AstraZeneca (AZN), Bellway (OTCPK:BLWYF), TransUnion (TRU), TUI (OTCPK:TUIFF) and Zoetis (ZTS). At the same time, it holds sell views for shares of Geberit (OTCPK:GBERY), Just Eat Takeaway (OTCPK:JTKWY), and Tesla (TSLA).
Year-to-date performance: AMADF +2.2%, ARKAF -18.5%, AZN +16.3%, BLWYF +23.1%, TRU +53%, TUIFF -12.4%, ZTS -2.4%, GBERY +0.3%, JTKWY -7.3%, and TSLA -4.1%.