For Immediate Release
Chicago, IL – October 16, 2020 – Stocks in this week’s article are Activision Blizzard, Inc. (ATVI - Free Report) , Beacon Roofing Supply, Inc. (BECN - Free Report) , AGCO Corporation (AGCO - Free Report) , Teradyne, Inc. (TER - Free Report) and Air Transport Services Group, Inc. (ATSG - Free Report) .
5 Best Stocks with Upgraded Broker Rankings Worth Betting On
Selecting stocks from the vast investment universe is not an easy task. For this, you will have 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 this task out is to follow broker recommendations. Brokers have in-depth understanding of what’s happening in a particular company as they directly communicate with company management. Further, they have a deeper insight of the overall industry.
Brokers analyze a company’s publicly available financial statements, listen to conference calls and engage in talks directly with the top management. At times, they even talk with customers to gauge what they like or dislike about the products and services offered by the company.
So, after thorough research, brokers decide to rate that particular company’s stock. Hence, when a broker upgrades a stock, you can easily rely on it. However, solely depending on analysts’ upgrades is not the right way to build your investment portfolio. You should also take into consideration other factors to ensure solid returns.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1076350/5-best-stocks-with-upgraded-broker-ratings-worth-betting-on
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.
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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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