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Zacks.com featured highlights include: Ford, Bed Bath & Beyond, Bunge, Cross Country Healthcare and Bloomin' Brands
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For Immediate Release
Chicago, IL – November 5, 2020 – Stocks in this week’s article are Ford Motor Company (F - Free Report) , Bed Bath & Beyond , Bunge Ltd. (BG - Free Report) , Cross Country Healthcare (CCRN - Free Report) and Bloomin' Brands (BLMN - Free Report) .
Rating Upgrades by Brokers Put These 5 Stocks in Focus
The vagaries of a stock market always keep investors on tenterhooks. This is because its unpredictable behavior is never easy to fathom in advance. Considering this scenario of uncertainty, individual investors always find it difficult to design a winning portfolio of stocks without proper guidance. Consequently, advice of “experts” in this field is much sought after by those who intend to park their hard-earned money on stocks.
The experts in the investing world are brokers. Generally, three types of brokers (sell-side, buy-side and independent) are present in the investment space with sell-side analysts being the most common coterie.
All kinds of brokers indulge in a thorough research on the stocks under their coverage. As brokers communicate directly with companies, they have a deeper understanding of them. They utilize their deep insight into the overall industry and economy to analyze the fundamentals of a company in detail.
As part of their study, they attend company conference calls, interview management personnel and minutely scrutinize the company’s publicly available documents among other things. They even interact with customers to comprehend their likes and dislikes about the products and services offered by the company.
Since brokers indulge in a thorough exploration, there can be no doubts about their actions being arbitrary/out of the blue. The direction of the estimate revisions serves as an important pointer regarding the price of a stock. In fact, a rating upgrade normally leads to stock price appreciation and vice versa. Similarly, the price may plummet following a rating downgrade.
Naturally, when investors see brokers revising their estimates or recommending a stock, they often assume that there should be something worthy of the stock that attracted analysts’ attention.
Framing a Winning Strategy
The above write-up clearly suggests that by following brokers’ strategic actions, one can arrive at a winning portfolio of stocks. Keeping this in mind, we designed a screen to shortlist stocks based on upbeat analyst recommendations and northward revisions of earnings estimates over the past four weeks.
Also, since the price/sales ratio is a strong complementary valuation metric in the presence of analyst information, it is included as a key parameter to determine a promising pick. The price/sales ratio takes care of the company’s top line, making the strategy foolproof.
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: Ford, Bed Bath & Beyond, Bunge, Cross Country Healthcare and Bloomin' Brands
For Immediate Release
Chicago, IL – November 5, 2020 – Stocks in this week’s article are Ford Motor Company (F - Free Report) , Bed Bath & Beyond , Bunge Ltd. (BG - Free Report) , Cross Country Healthcare (CCRN - Free Report) and Bloomin' Brands (BLMN - Free Report) .
Rating Upgrades by Brokers Put These 5 Stocks in Focus
The vagaries of a stock market always keep investors on tenterhooks. This is because its unpredictable behavior is never easy to fathom in advance. Considering this scenario of uncertainty, individual investors always find it difficult to design a winning portfolio of stocks without proper guidance. Consequently, advice of “experts” in this field is much sought after by those who intend to park their hard-earned money on stocks.
The experts in the investing world are brokers. Generally, three types of brokers (sell-side, buy-side and independent) are present in the investment space with sell-side analysts being the most common coterie.
All kinds of brokers indulge in a thorough research on the stocks under their coverage. As brokers communicate directly with companies, they have a deeper understanding of them. They utilize their deep insight into the overall industry and economy to analyze the fundamentals of a company in detail.
As part of their study, they attend company conference calls, interview management personnel and minutely scrutinize the company’s publicly available documents among other things. They even interact with customers to comprehend their likes and dislikes about the products and services offered by the company.
Since brokers indulge in a thorough exploration, there can be no doubts about their actions being arbitrary/out of the blue. The direction of the estimate revisions serves as an important pointer regarding the price of a stock. In fact, a rating upgrade normally leads to stock price appreciation and vice versa. Similarly, the price may plummet following a rating downgrade.
Naturally, when investors see brokers revising their estimates or recommending a stock, they often assume that there should be something worthy of the stock that attracted analysts’ attention.
Framing a Winning Strategy
The above write-up clearly suggests that by following brokers’ strategic actions, one can arrive at a winning portfolio of stocks. Keeping this in mind, we designed a screen to shortlist stocks based on upbeat analyst recommendations and northward revisions of earnings estimates over the past four weeks.
Also, since the price/sales ratio is a strong complementary valuation metric in the presence of analyst information, it is included as a key parameter to determine a promising pick. 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/1097235/rating-upgrade-by-brokers-puts-these-5-stocks-in-focus
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: 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.