Zacks.com Featured Highlights Include: Lowe's, Bristol-Myers Squibb, AECOM And Vulcan Materials
Zacks Investment Research | Oct 17, 2019 11:14PM ET
For Immediate Release
Chicago, IL – October 18, 2019 - Stocks in this week’s article are Lowe's Companies, Inc. (NYSE:LOW) , Bristol-Myers Squibb Company (NYSE:BMY) , AECOM (NYSE:ACM) and Vulcan Materials Company (NYSE:VMC) .
4 Stocks with Upgraded Broker Ratings to Buy Right Away
With third-quarter earnings underway, many companies have come out with better-than-expected results and are influencing market sentiments. While an earnings beat is a good indicator of stock’s future performance, identifying growth drivers is not an easy task.
An effective and simple way to zero in on the right stocks is to follow broker rating upgrades as they have a deeper insight into companies, sectors and the overall economy. Also, brokers directly communicate with the top management. They painstakingly go through the company’s publicly available documents and attend conference calls.
Further, they scrutinize the fundamentals of a company and place them against the current economic backdrop to determine how the stock will fare as an investment option. Hence, by following broker rating upgrades, one can easily find promising stocks.
Nevertheless, solely depending on broker upgrades is not the correct way to build an investment portfolio. One should also take into account certain other factors to ensure steady returns.
For the rest of this Screen of the Week article please visit Zacks.com at:Zacks Investment Research
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