Wedbush Revises Best Ideas List After October Underperformance

Investing.com · Vahid Karaahmetovic ·

Wedbush Revises Best Ideas List After October Underperformance

Investing.com -- Wedbush updated its Best Ideas List after a challenging October, in which the portfolio returned -11.6%, versus -0.9% for the S&P 500, -5.3% for the Nasdaq and +0.5% for the Russell 2000.

The broker removed Reddit and Arcus Biosciences for investment price discipline. It uses an automatic sale rule if a stock falls 25% relative to the average move of the S&P 500 and Russell 2000. All names are rated Outperform.

Prices below are as of the Oct. 30 close.

Read the full story at Investing.com · All coverage of this story