5 Top-Ranked Stocks With Upgraded Broker Ratings To Buy Now
Zacks Investment Research | May 07, 2017 09:13PM ET
Investing can be a tedious process unless one knows how to search for potential winners from the vast universe of stocks. In order to make this task easier, it’s prudent to follow broker ratings.
Brokers have deeper insight into what’s happening in a particular company. They properly analyze the fundamentals of a company and place them against the present economic backdrop to figure out how the stock will fare as an investment.
Also, brokers directly communicate with top management, attend conference calls and go through the company’s publicly available financial documents. They even talk to customers to understand their likes/dislikes for the products and services offered by the company.
So, one can easily choose attractive stocks by following broker upgrades. But merely depending on it is not wise though. One must take into consideration several other factors to ensure strong returns.
Picking the Winning Strategy
We have a screening strategy that will help in your search for potential winners:
Broker Rating Upgrades (4 weeks): The screen selects stocks that have witnessed broker rating upgrades over the last four weeks.
Current Price greater than 5: The stocks must be trading above $5.
Average 20-day Volume greater than 100,000: A large trading volume guarantees that the stock is easily tradable.
Zacks Rank equal to #1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven record of success. You can see Original post
Get The News You Want
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