Yesterday was a terrible day for stocks. The broad market came under pressure early and selling was simply relentless. In conditions like that, it can feel like there is nowhere to hide. Under the desk sure sounds like a good place on days like that. You may be surprised to hear that even during terrible market downturns like that, there are diamonds in the rough. One way to find these diamonds is to lean on the power of the Zacks Rank.
The Zacks Rank helps investors identify stocks with the strongest earnings trends. These trends take months to develop and don’t shift on a dime like price can. This makes the Zacks Rank a perfect initial litmus test when searching for stocks to buy.
The other important element to screen for is relative strength to the broad market. Stocks which have been outperforming their peers could indicate serious investor interest. On days where the broad market is selling off dramatically, these stocks could be the one bucking the trend. When things turn around, they are best positioned to benefit from the rising tide.
I’ve compiled a list of five Zacks Rank #1 (Strong Buy) stocks that are within a few percentage points of their 52-week highs despite the markets recent downward action.
Fastly (FSLY - Free Report)
Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer's applications. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the Internet. It is a programmable platform designed for Web and application delivery.
Acacia Communications
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Yesterday was a terrible day for stocks. The broad market came under pressure early and selling was simply relentless. In conditions like that, it can feel like there is nowhere to hide. Under the desk sure sounds like a good place on days like that. You may be surprised to hear that even during terrible market downturns like that, there are diamonds in the rough. One way to find these diamonds is to lean on the power of the Zacks Rank.
The Zacks Rank helps investors identify stocks with the strongest earnings trends. These trends take months to develop and don’t shift on a dime like price can. This makes the Zacks Rank a perfect initial litmus test when searching for stocks to buy.
The other important element to screen for is relative strength to the broad market. Stocks which have been outperforming their peers could indicate serious investor interest. On days where the broad market is selling off dramatically, these stocks could be the one bucking the trend. When things turn around, they are best positioned to benefit from the rising tide.
I’ve compiled a list of five Zacks Rank #1 (Strong Buy) stocks that are within a few percentage points of their 52-week highs despite the markets recent downward action.
Fastly (FSLY - Free Report)
Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer's applications. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the Internet. It is a programmable platform designed for Web and application delivery.
Acacia Communications
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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