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Zacks.com featured highlights include Lantheus Holdings, TimkenSteel, Allegheny Technologies, Peabody Energy and Alcoa

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For Immediate Release

Chicago, IL – March 7, 2022 – Stocks in this week’s article are Lantheus Holdings Inc. (LNTH - Free Report) , TimkenSteel Corp. , Allegheny Technologies Inc. (ATI - Free Report) , Peabody Energy Corp. (BTU - Free Report) and Alcoa Corp. (AA - Free Report) .

5 Stocks with Recent Price Strength Amid Geopolitical Conflict

The geopolitical conflict between Russia and Ukraine heightened as a massive Russian military convoy approached the Ukrainian capital Kyiv. The Russian authority has stepped up its shelling of Kharkiv, Ukraine’s second-largest city. The United States also deployed more troops in Europe.

Over the weekend, the United States and its allies agreed to exclude selected Russian banks from the SWIFT interbank messaging system. This measure will effectively detach Russian banks from the global financial network.

The first negotiation meeting between Russia and Ukraine ended without any fruitful result. On Feb 24, President Joe Biden said that his administration is considering more punitive actions against Russia to isolate that country from the global financial markets.

Crude oil prices also maintained their northbound journey as Russia is a major exporter of crude oil and natural gas globally, especially in Europe. On Mar 2, the U.S. benchmark — the WTI crude — for April contract, rose 7%, to settle at $110.60 a barrel, marking the highest for a front-month contract since May 2011.

The Russian ruble has depreciated more than 22% compared with the U.S. dollar. The Russian central bank has raised the benchmark interest rate to 20% from 9.5% and closed stock exchanges for a week. Several Russian stocks traded on the London Stock Exchange plunged 25% to 75%.

Despite economic and political conflicts several stocks have gained in the past four weeks. Notable among them are — Lantheus Holdings Inc., TimkenSteel Corp., Allegheny Technologies Inc., Peabody Energy Corp. and Alcoa Corp.

Here’s How We Arrived at the Picks

We have primarily targeted stocks that have freshly been on a bull run. 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 it would have probably crashed. So, looking at stocks capable of beating the benchmark that they have set for themselves seems rational.

However, recent price strength alone cannot create magic. Therefore, other relevant parameters are needed to create a successful investment strategy.

Here’s how you should create the screen to shortlist the current as well as the potential winners.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1877354/5-stocks-with-recent-price-strength-amid-geopolitical-conflict

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 >>.

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Contact: Jim Giaquinto

Company: Zacks.com

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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.


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Alcoa (AA) - free report >>

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ATI Inc. (ATI) - free report >>

Lantheus Holdings, Inc. (LNTH) - free report >>

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