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Zacks.com featured highlights include TripAdvisor, Oracle and The Trade Desk
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For Immediate Release
Chicago, IL – November 15, 2023 – Stocks in this week’s article are TripAdvisor Inc. (TRIP - Free Report) , Oracle Corp. (ORCL - Free Report) and The Trade Desk, Inc. (TTD - Free Report) .
Buy These 3 Top-Ranked Stocks with Upgraded Broker Ratings
The macroeconomic environment continues to be highly uncertain. Amid such a situation, it is difficult for individual investors to pick stocks independently and generate robust returns. For this, one has to understand the fundamentals of every company and try to place them against the present economic background to figure out how it may fare as an investment.
One way to cut short this task is to follow the broker's recommendation. In this regard, stocks like TripAdvisor Inc., Oracle Corp. and The Trade Desk, Inc. are worth a look.
As brokers directly communicate with the top management, they have a better insight into what is happening in a particular company. They evaluate companies' publicly available documents and even attend conference calls.
Brokers have more understanding of the overall sector and industry. They place company fundamentals against the current economic backdrop to determine how a particular stock will fare as an investment.
When brokers upgrade a stock, one can easily rely on their judgment. However, depending on broker upgrades is not the correct way to build your investment portfolio. Several other factors should be taken into account to ensure steady returns.
Here are three of the four stocks that qualified for the screening:
Massachusetts-based TripAdvisor is one of the largest online travel research companies in the world. TRIP provides a platform for users to share reviews, ratings and opinions on hotels, destinations, attractions and restaurants.
TRIP's earnings for 2023 are expected to rally 43.1%. TripAdvisor, carrying a Zacks Rank #2, has witnessed a 6.7% upward revision in broker ratings over the past four weeks.
Headquartered in Redwood City, CA, Oracle is one of the largest enterprise-grade database, middleware and application software providers. ORCL offers cloud solutions and services that can be used to build and manage various cloud deployment models.
Oracle's fiscal 2024 earnings are projected to increase 8.2%. ORCL, carrying a Zacks Rank #2 at present, has witnessed a 4% upward revision in broker ratings over the past four weeks.
Trade Desk, based in Ventura, CA, operates a self-service cloud-based platform that allows buyers to plan, manage, optimize and measure data-driven digital advertising campaigns. TTD also provides data and other value-added services.
Trade Desk's 2023 earnings are projected to rise 20.2%. TTD, carrying a Zacks Rank #2 at present, has witnessed a 3.9% upward revision in broker ratings in 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/performancefor information about the performance numbers displayed in this press release.
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Zacks.com featured highlights include TripAdvisor, Oracle and The Trade Desk
For Immediate Release
Chicago, IL – November 15, 2023 – Stocks in this week’s article are TripAdvisor Inc. (TRIP - Free Report) , Oracle Corp. (ORCL - Free Report) and The Trade Desk, Inc. (TTD - Free Report) .
Buy These 3 Top-Ranked Stocks with Upgraded Broker Ratings
The macroeconomic environment continues to be highly uncertain. Amid such a situation, it is difficult for individual investors to pick stocks independently and generate robust returns. For this, one has to understand the fundamentals of every company and try to place them against the present economic background to figure out how it may fare as an investment.
One way to cut short this task is to follow the broker's recommendation. In this regard, stocks like TripAdvisor Inc., Oracle Corp. and The Trade Desk, Inc. are worth a look.
As brokers directly communicate with the top management, they have a better insight into what is happening in a particular company. They evaluate companies' publicly available documents and even attend conference calls.
Brokers have more understanding of the overall sector and industry. They place company fundamentals against the current economic backdrop to determine how a particular stock will fare as an investment.
When brokers upgrade a stock, one can easily rely on their judgment. However, depending on broker upgrades is not the correct way to build your investment portfolio. Several other factors should be taken into account to ensure steady returns.
Here are three of the four stocks that qualified for the screening:
Massachusetts-based TripAdvisor is one of the largest online travel research companies in the world. TRIP provides a platform for users to share reviews, ratings and opinions on hotels, destinations, attractions and restaurants.
TRIP's earnings for 2023 are expected to rally 43.1%. TripAdvisor, carrying a Zacks Rank #2, has witnessed a 6.7% upward revision in broker ratings over the past four weeks.
Headquartered in Redwood City, CA, Oracle is one of the largest enterprise-grade database, middleware and application software providers. ORCL offers cloud solutions and services that can be used to build and manage various cloud deployment models.
Oracle's fiscal 2024 earnings are projected to increase 8.2%. ORCL, carrying a Zacks Rank #2 at present, has witnessed a 4% upward revision in broker ratings over the past four weeks.
Trade Desk, based in Ventura, CA, operates a self-service cloud-based platform that allows buyers to plan, manage, optimize and measure data-driven digital advertising campaigns. TTD also provides data and other value-added services.
Trade Desk's 2023 earnings are projected to rise 20.2%. TTD, carrying a Zacks Rank #2 at present, has witnessed a 3.9% upward revision in broker ratings in 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 of 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/2183798/buy-these-3-top-ranked-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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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/performancefor information about the performance numbers displayed in this press release.