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Wells Fargo: These 3 “Strong Buy” Stocks Have Over 70% Upside Potential

Markets are on a roller coaster lately, up one day and down the next, as Wall Street’s pros and investors alike try to make sense of the constantly shifting news cycle. To wit: In the first week of October, we’ve seen a pretty good September jobs report, President Trump spend three days at Walter Reed Hospital with a case of COVID-19, and on his discharge the President withdrew from negotiations with House Democrats on a new COVID economic stimulus package. It’s enough to make your head spin.It’s also enough to send the S&P up 60 points one day and down 60 points the next day. Investors are nervous; no one wants to see another economic tailspin, no one wants to see the Administration handicapped by coronavirus, and whether there will be a stimulus package or not, of $1.6 trillion, or $2.2 trillion, or just $400 billion, Wall Street would simply like to have some idea of what’s in the cards.Watching everything from Wells Fargo, senior global market strategist Sameer Samana summed it all up when he wrote, “While risks remain, such as election and COVID-19-related uncertainty, we believe investors should continue to remain fully invested and we favor U.S. large- and mid-cap companies, and the Information Technology, Consumer
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