At the end of the third quarter, stocks in the S&P 500 had over 11,000 ratings … and only 5% of those recommendations were “sell,” according to FactSet.
With that in mind, it seems obvious than any stocks stuck with sell ratings from the usually bullish analyst community should be stuck in the gutter … right?
In theory, yes. But in reality, that’s not always the case.
Instead, a few stocks have defied the odds — and defied analysts — so far this year by making huge, market-beating gains while sporting sell ratings. The lesson: Just because the pros hate them, doesn’t mean you shouldn’t own them.
With that in mind, let’s take a closer look at four stocks that analysts hate — but that have put big profits in investors’ pockets so far this year.