A
strong
November
rally
has
allowed
some
stocks
on
Wall
Street
to
get
ahead
of
themselves.
With
the
final
trading
day
of
the
month
on
Thursday,
all
three
major
indexes
are
on
pace
to
end
November
higher.
The
S
&
P
500
is
on
track
to
conclude
the
month
up
more
than
8%,
while
the
Dow
Jones
Industrial
Average
and
Nasdaq
Composite
are
headed
for
gains
of
7%
and
11%,
respectively.
The
rise
in
stocks
throughout
November
has
been
underpinned
by
softer-than-expected
inflation
data
that
has
fueled
investor
hopes
for
an
end
to
the
Federal
Reserve’s
monetary
policy
tightening
campaign.
However,
the
favorable
backdrop
for
Wall
Street
may
have
fueled
unsustainable
gains
for
a
slate
of
stocks.
Using
the
CNBC
Pro
Stock
Screener
tool
,
we
scanned
for
stocks
that
have
outpaced
the
recent
rally
and
could
be
set
for
a
pullback
that
meet
the
following
criteria:
They
have
surpassed
their
12-month
consensus
analyst
price
target
in
November.
Share
gains
have
outpaced
the
overall
market
gain
of
11%
in
the
past
month.
Names
are
constituents
of
the
S
&
P
500.
Price
data
below
is
current
as
of
Monday’s
close.
Shares
of
Elon
Musk’s
Tesla
have
climbed
nearly
14%
over
the
past
month
and
analysts
forecast
a
roughly
5%
decline
to
bring
the
stock
back
to
their
consensus
forecast.
TSLA
1M
mountain
Tesla
stock.
The
company
plans
to
begin
delivering
the
long-awaited
Cybertruck
on
Thursday,
but
Musk
has
already
signaled
caution
toward
the
ability
to
mass
produce
the
vehicle.
On
an
investor
call
last
month,
the
billionaire
said
he
wanted
to
“temper
expectations
for
Cybertruck.”
Streaming
giant
Netflix
,
meanwhile,
has
seen
its
stock
soar
more
than
20%
over
the
past
month.
Analysts
surveyed
expect
shares
to
fall
about
3%
to
meet
their
consensus
price
target.
NFLX
1M
mountain
Netflix
stock.
The
company
has
been
on
fire
following
a
third-quarter
report
that
saw
stronger-than-expected
subscriber
growth
as
well
as
success
with
its
ad-supported
service.
The
company
also
announced
plans
to
raise
the
price
of
its
basic
and
premium
subscription
services.
Chipmaker
Intel
has
outdone
its
peers
on
the
list
in
November,
with
analysts
expecting
shares
to
fall
16%
to
be
in
line
with
consensus
forecasts.
Intel
stock
has
climbed
more
than
24%
overall
in
the
past
month.
INTC
1M
mountain
Intel
stock.
Intel
surpassed
Wall
Street
estimates
for
third-quarter
earnings
at
the
end
of
October,
which
helped
fuel
a
strong
rally
for
the
stock.
CEO
Pat
Gelsinger
recently
told
analysts
that
the
company
plans
to
cut
roughly
$3
billion
in
costs
this
year.
Other
names
that
could
be
due
for
a
slide
after
a
spate
of
outperformance
include
travel
bookings
site
Expedia
,
telecom
real
estate
investment
trust
Crown
Castle
and
consumer
goods
giant
Clorox
.
