Oppenheimer predicts a 50% increase in two “strong buy” stocks.

The earnings season is in full gear, and the third-quarter figures are looking good so far. As of Monday’s end, 84 percent of the 117 S&P-listed businesses that had reported had outperformed expectations. These figures have allayed some concerns that the third quarter would be a letdown.

Meanwhile, Oppenheimer strategist John Stoltzfus feels that fascinating times are ahead, with the political environment providing the most probable goose to the markets.

“Ongoing congressional negotiations to reduce the cost of the next round of policy-related stimulus, as well as the Federal Reserve likely on the verge of beginning tapering of its monthly bond-buying program (as early as next month, with prospects for an upward tweak to its benchmark rate next year), could set the stage for stocks to move higher through the end of this year,” Stoltzfus said.

Oppenheimer’s experts have taken Stoltzfus’ prognosis and turned it into actual recommendations, recommending two stocks. Analysts at the business believe that each stock has at least a 50% upside potential. We checked the TipRanks database for both stock calls and discovered that both tickers had a “Strong Buy” consensus rating from the rest of the Street. Let’s look at it more closely.