5 Inverse Cramer Stocks To Buy According to Analysts

In this article, we will take a look at the 5 inverse Cramer stocks to buy now according to analysts. If you want to explore similar stocks, you can go to 10 Inverse Cramer Stocks To Buy According to Analysts.

5. Dutch Bros Inc. (NYSE:BROS)

Average Upside Potential as of May 29: 32.51%

Average Analyst Price Target: $37.13

Number of Hedge Fund Holders: 5

Return since May 29th: 0.4%

On April 5. Wedbush analyst Nick Setyan upgraded Dutch Bros Inc. (NYSE:BROS) to Outperform from Neutral and maintained his price target of $37 on the shares. As of May 29, the stock has returned 3.17% to investors on a year-to-date basis. Dutch Bros Inc. (NYSE:BROS) is one of the best inverse Cramer stocks to buy now according to analysts.

Wall Street sees meaningful upside to Dutch Bros Inc. (NYSE:BROS). Over the past 3 months the stock has received 3 Buy ratings and 5 Hold ratings from analysts. The stock has an average price target of $37.13. The stock’s average price target implies an upside of 32.51% from current levels.

5 hedge funds disclosed having stakes in Dutch Bros Inc. (NYSE:BROS) at the end of Q1 2023. The total value of these stakes amounted to $26.1 million.

As of March 31, Joho Capital is the dominant investor in the company and has disclosed a position worth $11.2 million.

4. Deutsche Bank AG (NYSE:DB)

Average Upside Potential as of May 29: 42.02%

Average Analyst Price Target: $14.87

Number of Hedge Fund Holders: 18

Return since May 29th: -5%

At the close of the first quarter of 2023, 18 hedge funds were long Deutsche Bank AG (NYSE:DB) and held stakes worth $1.05 billion in the company. Of those, Hudson Executive Capital was the top investor in the company and held a stake worth $683.8 million.

Deutsche Bank AG (NYSE:DB) is on analysts’ radars. Over the past 3 months Deutsche Bank AG (NYSE:DB) has received 8 Buy ratings and 5 Hold ratings from Wall Street analysts. The stock’s average price target of $14.87 represents an upside of 42.02% from its closing price on May 29.

This May, Citi analyst Andrew Coombs upgraded Deutsche Bank AG (NYSE:AG) to Buy from Neutral and maintained his price target of EUR 13.50 on the shares.

3. Western Alliance Bancorporation (NYSE:WAL) 

Average Upside Potential as of May 29: 53.86%

Average Analyst Price Target: $54.65

Number of Hedge Fund Holders: 31

Return since May 29th: -1.3%

On April 18, Western Alliance Bancorporation (NYSE:WAL) reported strong earnings for the fiscal first quarter of 2023. The company generated a revenue of $712.20 million, up 26.32% year over year, and outperformed market consensus by $46.31 million. The company reported earnings per share of $2.30 and beat EPS expectations by $0.27.

Over the past 3 months Western Alliance Bancorporation (NYSE:WAL) has received 12 Buy ratings and 2 Hold ratings from Wall Street analysts. The stock has an average price target of $54.65 which implies an upside of 53.86% from current levels. Western Alliance Bancorporation (NYSE:WAL) is placed third among the best inverse Cramer stocks to buy now according to analysts.

On May 16, BofA analyst Ebrahim Poonawala retook coverage of Western Alliance Bancorporation (NYSE:WAL) with a Buy rating and revised his price target on the shares to $42 from $48.

At the end of Q1 2023, 31 hedge funds were bullish on Western Alliance Bancorporation (NYSE:WAL) and disclosed stakes worth $546.8 million in the company. Of those, Citadel Investment Group was the largest shareholder in the company and held a stake worth $206.5 million.

ClearBridge Investments made the following comment about Western Alliance Bancorporation (NYSE:WAL) in its Q1 2023 investor letter:

“We sold our investment in Western Alliance Bancorporation (NYSE:WAL), in the financials sector, after considerable debate. The company provides various banking products and related services primarily in Arizona, California, and Nevada. We underappreciated the risk of rapid depositor exodus at other financial companies in the wake of the collapse of SIVB, which became engulfed by depositor outflows. Although we believe that policy response was solid, with depositor protection and liquidity programs for similarly pressured institutions, our investment in Western Alliance Bancorp became substantially higher risk and more volatile than we had imagined.”

2. First Horizon National Corporation (NYSE:FHN)

Average Upside Potential as of May 29: 56.25%

Average Analyst Price Target: $17.00

Number of Hedge Fund Holders: 60

Return since May 29th: 2.4%

This May, Jefferies analyst Casey Haire upgraded First Horizon Corporation (NYSE:FHN) to Buy from Hold and updated his price target on the stock to $13 from $18.

First Horizon National Corporation (NYSE:FHN) is on analysts’ radars. Over the past 3 months the stock has received 4 Buy ratings and 2 Hold ratings from Wall Street analysts and has an average price target of $17. The stock’s average price target represents an upside of 56.25% from current levels.

First Horizon National Corporation (NYSE:FHN) was spotted on 60 investors’ portfolios at the end of the first quarter of 2023. These funds held collective positions worth $1.16 billion in the company.

As of March 31, Soros Fund Management is the most prominent shareholder in the company and has disclosed a position worth $129.9 million.

1. PayPal Holdings, Inc. (NASDAQ:PYPL)

Average Upside Potential as of May 29: 60.79%

Average Analyst Price Target: $96.83

Number of Hedge Fund Holders: 103

Return since May 29th: 11.2%

At the end of the first quarter of 2023, 103 hedge funds were eager on PayPal Holdings, Inc. (NASDAQ:PYPL) and held positions worth $3.6 billion in the company. Of those, D E Shaw was the largest investor in the company and disclosed a position worth $426 million.

On May 8, PayPal Holdings, Inc. (NASDAQ:PYPL) posted market-beating earnings for the first quarter fiscal 2023. The company reported an EPS of $1.17 and outperformed EPS estimates by $0.07. The company’s revenue for the quarter amounted to $7.04 billion, up 8.59% year over year and ahead of Wall Street consensus by $52.55 million.

On May 11, Barclays updated its price target on PayPal Holdings, Inc. (NASDAQ:PYPL) to $92 from $108 and reiterated an Overweight rating on the shares.

Wall Street is bullish on PayPal Holdings, Inc. (NASDAQ:PYPL) and the stock is the best inverse Cramer stock to buy now, according to analysts. Over the past 3 months, the stock has received 18 Buy ratings and 9 Hold ratings from analysts and has an average price target of $96.83. The stock’s average price target represents an upside of 60.79% from current levels.

Renaissance Investment Management made the following comment about PayPal Holdings, Inc. (NASDAQ:PYPL) in its Q4 2022 investor letter:

“Another underperformer in the quarter was PayPal Holdings, Inc. (NASDAQ:PYPL). Despite reporting solid third quarter operating results and announcing new payment agreements with both Apple and Amazon.com, the company guided for a slowdown in e-commerce activity, partly reflecting weakened consumers who are dealing with heightened inflation. However, we still expect growth in PayPal’s core payments platforms to improve in upcoming quarters, driven by easier year-over-year comparisons.”

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