In a report on present market circumstances – and the strategic view going ahead – JPMorgan’s Marko Kolanovic sees loads of causes for optimism. Kolanovic sees that threat has eased in the previous couple of weeks, and taking the standard day by day fluctuations under consideration, markets are more likely to see a sustained rally.The largest information, in Kolanovic’s view, are the optimistic reviews concerning the fast improvement and imminent availability of a COVID-19 vaccine. It is a ‘game-changer,’ permitting traders to “look by way of the current surge in COVID-19 circumstances to the upcoming finish of the pandemic and broader reopening of the financial system.”In an in depth second, so far as market significance is anxious, is the cut up results of the nationwide election. Kolanovic describes a Biden Presidency mixed with elevated Republican power within the Home and a continued Republican Senate majority as ‘the most effective of each worlds.’ A divided authorities is unlikely to dismantle the pro-business strikes taken by the Trump Administration, whereas Biden is more likely to ease the commerce conflict. The outcome, in accordance with the Kolanovic group, might be “much less market volatility, which may drive inflows to threat property.”To this finish, JPM’s inventory analysts have been busy scanning the tickers, looking for out these which can be more likely to win – or lose – within the coming months. Of explicit curiosity, we’ve pulled the TipRanks information on two shares that the agency predicts will present double-digit development, and one which JPM says to keep away from. Vroom, Inc. (VRM)We’ll begin with Vroom, a web-based retailer within the used car area. Along with automobiles, the corporate additionally sells spare elements and equipment, and provides insurance coverage, automotive leases, and funding for purchases, for US clients solely.Vroom is a newcomer within the markets; it IPO’d in June and rose rapidly, peaking in on September 1. Since then, the shares have slipped and are actually down 22% since their first day’s shut. The rise and fall are the results of conflicting tailwinds and headwinds pushing towards the inventory.On the optimistic facet, Vroom has gained through the common shift to on-line retail. Additionally, the corporate’s deal with used automobiles was helpful through the pandemic, when clients have been nervous or cash-strapped – however in both case, reluctant to put out giant sums for a brand new automotive. On the unfavourable facet of the ledger, that reluctance to spend slipped over to the used automotive market, too. Vroom needed to cope with low margins whereas chopping costs to draw gross sales.Protecting the inventory for JPM, analyst Rajat Gupta sees the inventory’s present state as a possibility for traders. The unhealthy instances are probably short-term, he believes, and this firm is ready to take off. “Web-net, with near-term expectations now reset and potential for acceleration in each unit development and gross revenue into 2021, we view the setup as favorable within the close to to medium time period for the inventory with little incremental unfavourable catalysts… we consider execution might be key given heavy reliance on third events for key operational features equivalent to reconditioning and logistics,” Gupta wrote.According to this evaluation, Gupta charges the inventory an Obese (i.e. Purchase), and his $70 worth goal implies an upside of 91% for the yr forward. (To observe Gupta’s observe file, click on right here)Even after the autumn in its share worth, Vroom retains a Robust Purchase from the analyst consensus. The ranking is predicated on 11 critiques, together with 10 Buys and 1 Promote. VRM is promoting for $36.81, and its $59.40 common worth goal suggests it has room for ~61% development on the one-year horizon. (See VRM inventory evaluation on TipRanks)Colfax Company (CFX)Subsequent up is Colfax, a distinct segment manufacturing firm. Colfax produces a variety of apparatus for the welding, medical system, and air and gasoline dealing with markets, starting from medical gear for joint reconstruction to welding helmets and chopping torches. Whereas it could sound incongruous, the mixture works for Colfax, and the corporate is experiencing a turnaround from corona disaster losses in 2Q20.The third quarter earnings, at 41 cents per share, confirmed each good and unhealthy. It was down 32% yr over yr, however has greater than quadrupled sequentially and beat the estimates. Revenues have been up 29% sequentially, coming in at $805 million. Administration expects to see continued sequential enhancements by way of the rest of 2020, and predicts full-year earnings within the vary of 45 cents to 50 cents per share.Representing JPM, 5-star analyst Stephen Tusa commented, “[We] see the inventory as being comparatively low-cost in comparison with shut friends throughout the Fab Tech and Med Tech area with important upside submit COVID-19 that doesn’t look like solely realized within the valuation as of but in comparison with the peer FY2 expectations. CFX has robust manufacturers and franchises… and an underappreciated productiveness alternative with main finish market bounce again in Fab Tech and demand spikes in Med Tech.”Tusa backs his upbeat feedback with an Obese (i.e. Purchase) ranking and a $52 worth goal indicating his confidence in a 38% one-year upside. (To observe Tusa’s observe file, click on right here)General, Colfax has a Average Purchase ranking from the analyst consensus, based mostly on 8 critiques breaking down to five Buys, 2 Holds, and 1 Promote. Nevertheless, the bulk count on shares to remain vary certain for now, as the present $38.63 common worth goal signifies. (See CFX inventory evaluation on TipRanks)Past Meat (BYND)Final on right this moment’s record of JPM calls is Past Meat, an organization that made numerous waves final yr when it raised over $3.8 billion in its IPO. The corporate provides a vegetarian-based meat substitute, and it markets as extra nutritious, higher tasting – and extra like meat – than competing merchandise. The corporate was based again in 2009, and has expanded its lineup of merchandise to incorporate simulated beef, pork, and rooster merchandise.General, BYND inventory nonetheless presents a optimistic façade. The shares are up 88% year-to-date, and the corporate registered a web revenue in 1Q20, simply because the corona disaster began. Since then, nevertheless, earnings have turned unfavourable – and even worse, revenues confirmed a robust sequential drop in Q3. The newest quarterly figures confirmed $94 million on the prime line, down 16% from Q2 and properly under the forecast of $133 million, and an EPS lack of 28 cents – far worse than the 3-cent loss predicted. The largest hit to Past Meat got here from declines in restaurant enterprise that was solely partially redeemed by a 40% surge in grocery gross sales. The corporate did announce a partnership with McDonald’s to offer the meat substitute for the quick meals large’s new McPlant menu, however even that announcement was bungled. BYND shares fell sharply when it was rumored that McD’s had developed the meat substitute in-house. Whereas that false impression has been corrected, BYND has solely partially bounced again.In brief, this firm is going through severe headwinds within the near-term, and JPM is advising warning on account of “visibility so low and the latest quarter surprisingly comfortable.” Ken Goldman, rated 5-stars at TipRanks, writes of BYND, “We are actually attempting to mannequin an organization for which (a) we aren’t precisely clear why 3Q was so unhealthy (the corporate’s rationalization didn’t appear to be backed up by significant information), and (b) the partnership with McDonald’s may both be a game-changer or a dud.”Goldman’s warning is evident from his Underweight ranking (i.e. a Promote), and his $104 worth goal suggests a 26% draw back to the inventory. (To observe Goldman’s observe file, click on right here)JPM is just not the one agency advising warning right here. Past Meat’s analyst consensus ranking is a Average Promote, based mostly on 2 Buys, 7 Holds, and seven Sells set in current weeks. The inventory is promoting for $141.91 and its common worth goal of $110.71 signifies a possible draw back of twenty-two% within the coming yr. (See BYND inventory evaluation on TipRanks)To search out good concepts for shares buying and selling at engaging valuations, go to TipRanks’ Greatest Shares to Purchase, a newly launched software that unites all of TipRanks’ fairness insights.Disclaimer: The opinions expressed on this article are solely these of the featured analysts. The content material is meant for use for informational functions solely. It is vitally vital to do your personal evaluation earlier than making any funding.