Stocks with Strong Upside Potential

If major indexes are getting back on their feet, which names could post the biggest gains? S&P has a number of candidates

After three weeks of red arrows, when the Standard & Poor's 500-stock index fell 6.4% and the S&P SmallCap 600 declined 7.8% (and 128 of the 137 subindustries in the S&P Composite 1500 index were in the red), Mark Arbeter, S&P's chief technical strategist, believes that based on the favorable end-of-day close, on Friday, Aug. 10, we may have successfully retested the 1430 level on the S&P 500.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.