If you are looking for stocks to invest your money into, Harman International Industries Inc./DE/ (NYSE:HAR), Macy’s, Inc. (NYSE:M), and Western Digital Corp (NASDAQ:WDC) might just be the right candidate for your portfolio. All three of these stocks have more than 70% analysts in their favor with a “Buy” rating, as per the Bespoke Investment Group.
Harman International Industries Inc./DE/ (NYSE:HAR) sounds like the best stock for the year with an increase of 30% in its Buy rating since the start of 2014 and as many as 73% of the analysts have a “Buy” rating for this stock. According to the experts, Harman International Industries Inc./DE/ (NYSE:HAR) has a strong earning prediction (19% increase from the last quarter) for this fiscal.
Harman International Industries Inc./DE/ (NYSE:HAR) reported fourth quarter 2014 results along with fiscal year 2014 results on August 7, 2014 with net sales of $1.4 billion for the quarter. Non-GAAP earnings for the quarter were $1.25 per share with net sales of $5.348 billion for the complete year.,
Macy’s, Inc. (NYSE:M) comes next in terms of change in Buy rating percentage (20%) since the start of 2014 and 75% analysts have a “Buy” rating for the stock. Macy’s, Inc. (NYSE:M) might have an 11% growth in its earnings during the current fiscal. Macy’s, Inc. (NYSE:M) reported earnings of $0.80 per share for the second quarter 2014 with total sales of $6.267 billion.
Nearly 71% analysts have given a “Buy” rating for the stock Western Digital Corp (NASDAQ:WDC) with a change of 17% in its “Buy” rating from the start of this year. Western Digital Corp (NASDAQ:WDC) reported revenue of $3.7 billion for the quarter ending on June 27, 2014 with $317 million in net income. Western Digital Corp (NASDAQ:WDC) made $713 million in cash against its operations and the revenue for the fiscal was $15.1 billion.
This article has been written by Prakash Pandey and edited by Serkan Unal.
