For Immediate Release
Chicago, IL – September 17, 2020 – Stocks in this week’s article are ABM Industries Incorporated (
ABM Quick Quote ABM - Free Report) , Brighthouse Financial, Inc. ( BHF Quick Quote BHF - Free Report) , Callon Petroleum Company ( CPE Quick Quote CPE - Free Report) , Big Lots, Inc. ( BIG Quick Quote BIG - Free Report) and Bed Bath & Beyond Inc. ( BBBY Quick Quote BBBY - Free Report) . Stocks to Put on Your Watchlist on New Analyst Upgrades
It is a well-known fact that the equity market is not easy to master as it is associated with varying degrees of uncertainties/complexities. Consequently, it is next to impossible for individual investors to design a winning portfolio of stocks without proper guidance.
With a plethora of stocks flooding the market at any given point of time, identifying a solid stock in absence of any expert advice is akin to searching a needle in a haystack for an investor. The right direction in this respect comes from brokers, who are deemed specialists, equipped with vast knowledge on the field of investing.
Brokers attend company conference calls/presentations and scrutinize every detail available publicly before counseling investors about their course of action (buy, sell or hold a stock). They revise a stock’s earnings estimates after carefully examining the pros and cons of an event for the concerned company. Their action is certainly not arbitrary or illogical. Thus, the estimate revisions serve as an important yardstick regarding the price of a stock.
In view of their proficiency and profound understanding of stocks and the vagaries of the investing world, it is a no-brainer that investors should pay heed to brokers’ advice to generate the maximum returns from their portfolios.
The above write-up clearly suggests that by following broker actions, one can arrive at a lucrative portfolio of stocks. Keeping this in mind, we designed a screen to shortlist stocks based on improving analyst recommendations and upward revisions to earnings estimates over the last four weeks.
Also, since the price/sales ratio is a strong complementary valuation metric, it is included in analyst information. The price/sales ratio takes care of the company’s top line, making the strategy foolproof.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1059083/5-stocks-to-be-on-your-watchlist-post-recent-analyst-upgrade 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.
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Contact: Jim Giaquinto
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