Before investors can focus on 2013, they want to know if lawmakers will be able to reach a deal to avert the “fiscal cliff” before the Jan. 1 deadline. That’s when tax hikes and across-the-board federal spending cuts are triggered.
It’s with that short-term risk in mind that Barclays Capital released its financial analysts’ top picks for next year. Overall, Barclays expects the Standard & Poor’s 500 index to climb nearly 7 percent to reach 1,525 next year. Here’s a snapshot look at three of its choices.Associated Press