A Wall Street firm unveils its 13 top stock picks for 2020 - including 4 healthcare names that could spike 150%

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A Wall Street firm unveils its 13 top stock picks for 2020 - including 4 healthcare names that could spike 150%
new years 2020

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  • BTIG recently unviled the 13 stocks its strategists think have the most upside in 2020.
  • The firm is predicting only modest gains for the S&P 500 this year, but is expecting outsize returns in the healthcare space, which is home to its five most promising stock picks.
  • Julian Emanuel, BTIG's chief equity and derivatives strategist, is also recommending select energy and financial stocks in 2020.
  • Click here for more BI Prime stories.

Financial firm BTIG has named the best stock-market opportunities its strategists have identified for 2020.

Julian Emanuel, the firm's chief equity and derivatives strategist, divides its recommendation for the S&P 500's 11 main sectors in the following manner:

  • Overweight: Energy, financials, healthcare
  • Neutral: Communication services, industrials, information technology, materials, real estate
  • Underweight: Consumer discretionary, consumer staples, utilities

Many of BTIG's highest-conviction ideas come from the three overweight sectors, with an outsize focus on healthcare. The firm's top ideas are listed below, ranked in increasing order of how each stock has to rise to meet its 12-month price target:

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