Back to top

Image: Bigstock

Zacks.com featured highlights include: Marathon Digital, POSCO, Veritiv Corp, ArcelorMittal and The Community Financial Corp

Read MoreHide Full Article

For Immediate Release

Chicago, IL – April 15, 2021 – Stocks in this week’s article are Marathon Digital Holdings Inc. (MARA - Free Report) , POSCO (PKX - Free Report) , Veritiv Corporation , ArcelorMittal (MT - Free Report) and The Community Financial Corporation .

5 Stocks with Recent Price Strength to Maximize Your Gains

U.S. stock markets are firing on all cylinders supported by strong economic data, soaring consumer and business optimism, and a massive stimulus provided by the government to support the pandemic-ridden economy.

Wall Street started second-quarter 2021 on a high-note after finishing an impressive first quarter. The new bull market, which was formed in April 2020 following the coronavirus-led shortest bear market, gathered momentum in 2021.

The U.S. government has ramped up nationwide COVID-19 vaccination on a priority basis. Per CDC data, as of Apr 12, more than 183 million vaccines were administered. On Apr 6, President Joe Biden announced that all American adults will be vaccinated by Apr 19, ahead of an earlier timetable of May 1. The speeding up of the process implies chances of a faster-than-expected reopening of the U.S. economy.

At this stage, wouldn’t it be a safer strategy to look for stocks that are winners and have the potential to gain further?

Sounds Good? Here’s How to Execute It:

One should primarily target stocks that have freshly been on a bull run. Actually, stocks seeing price strength recently have a high chance of carrying the momentum forward.

If a stock is continuously witnessing an uptrend, there must be a solid reason or else it would have probably crashed. So, looking at stocks that are capable of beating the benchmark that they have set for themselves seems rational.

However, recent price strength alone cannot create magic. Therefore, you need to set other relevant parameters to create a successful investment strategy.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1394386/5-stocks-with-recent-price-strength-to-maximize-your-gains

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine.  But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.

Follow us on Twitter:  https://www.twitter.com/zacksresearch

 

Join us on Facebook:  https://www.facebook.com/ZacksInvestmentResearch

 

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

 

Contact: Jim Giaquinto

Company: Zacks.com

Phone: 312-265-9268

Email: pr@zacks.com

Visit: www.Zacks.com

 

Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.

 

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


POSCO (PKX) - free report >>

ArcelorMittal (MT) - free report >>

Marathon Digital Holdings, Inc. (MARA) - free report >>

Published in