Two names that have historically outperformed during the first quarter are oil-and-gas concerns Concho Resources and Pioneer Natural Resources. The stock could certainly use the bounce, as it's lost more than 30% in the past three months. On a somewhat bullish note, however, the equity is on pace for a second straight close atop the 10-day moving average, last seen trading near $106. These technical difficulties haven't been enough to shake the analysts in Concho Resources' bullish corner. In fact, there are 30 analysts tracking the equity, and 29 of them say it's a "strong buy."
Source: Forbes January 02, 2019 20:15 UTC