HSBC Says Buy the Dip in These 11 Stocks -- Alphabet and Oracle Top the List

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This article first appeared on GuruFocus. HSBC has identified 11 stocks it considers attractive buying opportunities following a broad market pullback, with recommendations spanning technology, industrials, energy and financial services, according to a Thursday research note. The bank's latest selections include Alphabet (NASDAQ:GOOGL), Applied Materials (AMAT), Baker Hughes (BKR), Bloom Energy (NYSE:BE) and Citigroup (C). The list also features Freeport-McMoRan (NYSE:FCX), GE Vernova (NYSE:GEV), NextEra Energy (NYSE:NEE), Oracle (NYSE:ORCL), Sempra (SRE) and Vertiv (VRT). Is FCX fairly valued? Test your thesis with our free DCF calculator.FCX GF Value chart The recommendations follow a rotation that has weighed on technology and industrial shares.