COIN - Healthcare tech highlight BTIG's midyear top stock picks: At the Open

SusanneB/E+ via Getty Images As the third quarter gets underway, BTIG has issued its list of top large-cap stock picks. The picks are the highest-conviction stocks over a 12-month time horizon starting H2 2021. Among sectors, BTIG is overweight three areas: Energy (XLE), Financials (XLF) and Healthcare (XLV). For energy, above-trend "economic growth in 2021 is expected to carry into next year as global vaccinations and reopenings, including international travel, continue – and as demand returns and Oil prices rise, OPEC+ has expressed the intent to maintain supply-side discipline overall, perhaps with measured production increases," BTIG strategist Julian Emanuel writes. "Meanwhile, the sector remains near a record low weighting in the S&P 500, by far, and investors may look to reposition into this under-owned space." With financials, "economic growth in 2021 and carrying into 2022 as global reopenings continue should support higher long-end rates and a steepening yield curve –

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Healthcare, tech highlight BTIG's midyear top stock picks: At the Open