Top 8 buy-rated stocks within capital markets, Oppenheimer’s ‘top of the buy’ group

The S&P Capital Markets ETF (NYSEARCA:KCE) has cleared major resistance compared to both the equal weighted S&P 500 (RSP) and the cap-weighted index (SP500), according to Oppenheimer analysts.

Capital markets (KCE) are up 31.47% year-to-date, and up 7.72% just in the past month.

“While market conditions can be considered near-term overbought, the industry remains a top buy idea both now and on a market setback,” analysts wrote in a recent note. “The broadness of bottom-up strength adds to our conviction.”

The following are the top buy-rated stocks within capital markets (KCE), and notes from Oppenheimer analysts:

• Affiliated Managers Group Inc. (AMG) – Buy dips following multi-year breakout.
• Blackstone Inc. (BX) – Breakout extending back to 2021.
• Cboe Global Markets Inc. (CBOE) – Bullish consolidation range resolving higher.
• Goldman Sachs Group Inc. (GS) – Bullish consolidation range resolving higher.
• Morgan Stanley (MS) – Buy dips following multi-year breakout
• Nasdaq Inc. (NDAQ) – Breakout intact and positioned to resume.
• Blue Own Capital Inc. (OWL) – Buy dips following breakout.
• Raymond James Financial Inc. (RJF) – Buy dips following multi-year breakout.