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Yahoo BusinessAug 10, 2020
Analysts Say These 3 Stocks Are Their Top Picks for 2020 and Beyond
The S&P 500 is just 1% away from its all-time high, and investors show no signs of stopping their buying spree. Low interest rates and heavy government stimulus are supporting the equity markets, making stocks a better value than other investments. As far as the stock markets can show, the economy is well on its way to recovery from the coronavirus downturn.And Credit Suisse, the renowned international investment bank and financial services provider, has been busy analyzing the publicly traded companies, looking for the likely winners in today's conditions. The firm's analysts have picked out three, among others, as ‘top pick' stocks that are poised to outperform over the next 6 to 12 months.Opening up the TipRanks database, we've pulled the details on those stocks, to find out what makes so compelling. Here are the results.Cimarex Energy (XEC)We'll start with Denver-based Cimarex, a hydrocarbon exploration company with drilling ops in New Mexico, Texas, and Oklahoma. The company finished 2019 with 620 million barrels of proven reserves, and an average daily production of 278.5 thousand barrels of oil equivalent. That was a solid foundation, which has helped support the company during the corona crisis of 1H20.The economic downturn of recent months hit Cimarex hard, as oil demand dropped. The company saw earnings contract in Q1, and contract again in Q2. Production in the second quarter averaged 254.7 thousand barrels of oil equivalent daily, well below 2019 levels.There was good news, however. The

CNBC BusinessAug 10, 2020
Simon shares jump on reported talks with Amazon. But converting stores to warehouses may face hurdles
Real estate analysts say a deal between Amazon and Simon Property Group could be positive for the biggest U.S. mall owner in the near term, but there would be hurdles.
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