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Zacks.com featured highlights include Carters, Fluor, Micron Technology, Callon Petroleum and Iron Mountain
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For Immediate Release
Chicago, IL – March 22, 2022 – Stocks in this week’s article are Carter's, Inc. (CRI - Free Report) , Fluor Corp. (FLR - Free Report) , Micron Technology (MU - Free Report) , Callon Petroleum Co. and Iron Mountain Inc. (IRM - Free Report) .
Invest in These 5 Stocks with Upgraded Broker Ratings
In extremely volatile markets like now, it becomes increasingly difficult for individual investors to select stocks on their own and generate solid returns. Currently, markets are facing concerns regarding the ongoing Russia-Ukraine conflict and unprecedented inflation numbers. Thus, picking stocks at present is a daunting task.
So, how does an investor select the right stocks? One way is to follow rating upgrades by brokers. Thus, in this regard, stocks like Carter's, Inc., Fluor Corp., Micron Technology, Callon Petroleum Co. and Iron Mountain Inc. are worth a look.
Brokers have a deeper understanding of stocks, the industries and the overall economy. Also, they communicate with the company executives and even attend conference calls.
Further, as brokers directly communicate with the top management, they have in-depth knowledge about what's happening in a particular company. Also, they diligently go through the company's publicly available documents and place the company fundamentals against the current economic backdrop to determine how the stock will fare as an investment. Hence, by following broker rating upgrades, one can easily find attractive stocks.
However, solely depending on broker upgrades is not the right way to build one's investment portfolio. One must also take into consideration certain other factors before selecting any stock. This way, one can ensure robust returns.
Here are the five of the seventeen stocks that qualified the screening:
Atlanta, GA-based Carter's is the largest marketer of branded apparel and related products for babies and young children in North America. CRI has a portfolio of popular brands, including Carter's, OshKoshB'gosh, Just One You, Child of Mine, Simple Joys, Skip Hop and Precious Firsts.
The company's earnings for 2022 are expected to grow 13.5%. Carter's, currently carrying a Zacks Rank #2, has witnessed a 20% upward revision in broker ratings over the past four weeks.
Headquartered in Irving, TX, Fluor provides engineering, procurement, construction and maintenance services through a number of subsidiaries. FLR also provides operation and maintenance services to major industrial clients.
Fluor's 2022 earnings are projected to jump 42.6%. The stock, sporting a Zacks Rank #1 at present, has witnessed a 20% upward revision in broker ratings over the past four weeks.
Idaho-based Micron has established itself as one of the leading worldwide providers of semiconductor memory solutions. Through global brands, namely Micron, Crucial and Ballistix, MU manufactures and markets high-performance memory and storage technologies
The company's earnings for fiscal 2022 are expected to surge 47.7%. Micron, which currently carries a Zacks Rank #2, has witnessed a 5.9% upward revision in broker ratings over the past four weeks.
Callon Petroleum, headquartered in Houston, TX, is solely focused on exploring and producing oil and gas resources in the Permian Basin. Among the three major sub-basins of Permian — Midland Basin, Delaware Basin and Central Basin Platform — CPE has a strong footprint in the Midland and Delaware Basins.
Callon Petroleum's 2022 earnings are projected to increase 65.9%. The stock, carrying a Zacks Rank #2 at present, has witnessed a 10% upward revision in broker ratings over the past four weeks.
Boston, MA-based Iron Mountain provides records & information management services and data center space & solutions in more than 50 countries. IRM serves around 225,000 customers from various industries through its 1,450 facilities.
The company's earnings for 2022 are expected to grow 13.8%. Iron Mountain, currently carrying a Zacks Rank #2, has witnessed a 33.3% upward revision in broker ratings over the past four weeks.
Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
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 >>.
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.
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.
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Zacks.com featured highlights include Carters, Fluor, Micron Technology, Callon Petroleum and Iron Mountain
For Immediate Release
Chicago, IL – March 22, 2022 – Stocks in this week’s article are Carter's, Inc. (CRI - Free Report) , Fluor Corp. (FLR - Free Report) , Micron Technology (MU - Free Report) , Callon Petroleum Co. and Iron Mountain Inc. (IRM - Free Report) .
Invest in These 5 Stocks with Upgraded Broker Ratings
In extremely volatile markets like now, it becomes increasingly difficult for individual investors to select stocks on their own and generate solid returns. Currently, markets are facing concerns regarding the ongoing Russia-Ukraine conflict and unprecedented inflation numbers. Thus, picking stocks at present is a daunting task.
So, how does an investor select the right stocks? One way is to follow rating upgrades by brokers. Thus, in this regard, stocks like Carter's, Inc., Fluor Corp., Micron Technology, Callon Petroleum Co. and Iron Mountain Inc. are worth a look.
Brokers have a deeper understanding of stocks, the industries and the overall economy. Also, they communicate with the company executives and even attend conference calls.
Further, as brokers directly communicate with the top management, they have in-depth knowledge about what's happening in a particular company. Also, they diligently go through the company's publicly available documents and place the company fundamentals against the current economic backdrop to determine how the stock will fare as an investment. Hence, by following broker rating upgrades, one can easily find attractive stocks.
However, solely depending on broker upgrades is not the right way to build one's investment portfolio. One must also take into consideration certain other factors before selecting any stock. This way, one can ensure robust returns.
Here are the five of the seventeen stocks that qualified the screening:
Atlanta, GA-based Carter's is the largest marketer of branded apparel and related products for babies and young children in North America. CRI has a portfolio of popular brands, including Carter's, OshKoshB'gosh, Just One You, Child of Mine, Simple Joys, Skip Hop and Precious Firsts.
The company's earnings for 2022 are expected to grow 13.5%. Carter's, currently carrying a Zacks Rank #2, has witnessed a 20% upward revision in broker ratings over the past four weeks.
Headquartered in Irving, TX, Fluor provides engineering, procurement, construction and maintenance services through a number of subsidiaries. FLR also provides operation and maintenance services to major industrial clients.
Fluor's 2022 earnings are projected to jump 42.6%. The stock, sporting a Zacks Rank #1 at present, has witnessed a 20% upward revision in broker ratings over the past four weeks.
Idaho-based Micron has established itself as one of the leading worldwide providers of semiconductor memory solutions. Through global brands, namely Micron, Crucial and Ballistix, MU manufactures and markets high-performance memory and storage technologies
The company's earnings for fiscal 2022 are expected to surge 47.7%. Micron, which currently carries a Zacks Rank #2, has witnessed a 5.9% upward revision in broker ratings over the past four weeks.
Callon Petroleum, headquartered in Houston, TX, is solely focused on exploring and producing oil and gas resources in the Permian Basin. Among the three major sub-basins of Permian — Midland Basin, Delaware Basin and Central Basin Platform — CPE has a strong footprint in the Midland and Delaware Basins.
Callon Petroleum's 2022 earnings are projected to increase 65.9%. The stock, carrying a Zacks Rank #2 at present, has witnessed a 10% upward revision in broker ratings over the past four weeks.
Boston, MA-based Iron Mountain provides records & information management services and data center space & solutions in more than 50 countries. IRM serves around 225,000 customers from various industries through its 1,450 facilities.
The company's earnings for 2022 are expected to grow 13.8%. Iron Mountain, currently carrying a Zacks Rank #2, has witnessed a 33.3% upward revision in broker ratings over the past four weeks.
Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1884538/invest-in-these-5-stocks-with-upgraded-broker-ratings
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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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: https://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.