It has been a while since we did a post on analyst ratings, so below we highlight the Russell 3,000 stocks with the most overall ratings (Buys, Sells, and Holds) as well as the stocks with the highest percentage of Buy ratings.
Apple (AAPL) remarkably has 54 analysts covering the stock. Oh what would we do without them all? Even more remarkable for Apple is that 92.5% of the its analyst ratings are Buys! And the stock has no Sell ratings either. Of the 54 analyst recommendations for Apple, 50 are Buys and 4 are Holds. If that doesn't represent overheated bullishness, we don't know what does. This doesn't mean the stock is destined to go down, but it does mean that there is hardly any upside remaining in the analyst community. One way that stocks get a boost is from analyst upgrades, and Apple has basically already received them all.
Intel (INTC) ranks second with 53 analyst ratings, followed by First Solar (FSLR), Cisco (CSCO), and Google (GOOG). Of the most widely covered stocks shown, Schlumberger (SLB) ranks second behind Apple's highest percentage of Buy ratings. Of the 36 analysts covering SLB, 89% have Buy ratings.
Along with highlighting the most widely covered stocks (above, click to enlarge), we also highlight the Russell 3,000 stocks with the highest percentage of Buy ratings. To make the list below (click to enlarge), the stock had to have at least 10 analysts covering the stock. As shown below, two stocks have all Buy ratings -- Affiliated Managers Group (AMG) and LogMeIn (LOGM). Along with Apple, some of the other notable names on the list include Activision Blizzard (ATVI), Halliburton (HAL), priceline.com (PCLN), JP Morgan (JPM), and Google (GOOG).