10 Stocks That Analysts Think Will Go Up

8. Parsons Corporation (NYSE:PSN) 

Parsons Corporation (NYSE:PSN) is an integrated services and solutions provider to the intelligence, defense, and critical infrastructure markets. It operates in two segments; Critical Infrastructure and Federal Solutions. The stock has lost a quarter of its value in the last month alone after analysts feared the company may lose some of its lucrative federal contracts after the inauguration of Donald Trump. It was subsequently downgraded from Outperform to Market Perform by William Blair.

Less than a month on, the same firm has now changed its opinion of the company. The reason is quite simple: the stock has already fallen enough to factor in the loss in revenue from the executive orders that were feared to hit the company’s topline. With that risk already factored in, the stock’s fundamentals should help it reverse the price trend, which currently hovers near its 52-week lows.

The company recently acquired the TRS Group for a $36 million all-cash deal. This acquisition of a firm specializing in environmental remediation capabilities should boost the company’s Federal Solutions and Critical Infrastructure segments.