JPMorgan has unveiled its September Analyst Focus List, including three additions and four removals from August.
With the start of a new trading month, JPMorgan is out with its latest group of stocks that it thinks are poised to outperform from here. The bank released its September "focus list" on Tuesday during a volatile time for the market. During a global rout in early August, the S & P 500 lost as much as 7.3% before eventually closing out the month 2.3% higher. Similarly, the Dow Jones Industrial Average was down as much as 5.4% in August before ending the month ahead almost 1.
Abercrombie & Fitch is another stock identified as part of JPMorgan's growth strategy. Though the stock has surged around 62% this year, shares took a hit last week despite the better-than-expected earnings in the retailer's latest quarter. Abercrombie slid 17% following management's warning that the rest of the year may prove turbulent.
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