For Immediate Release
Chicago, IL – December 9, 2020 – Stocks in this week’s article are Beazer Homes USA, Inc. (
BZH Quick Quote BZH - Free Report) , Kohl's Corporation ( KSS Quick Quote KSS - Free Report) , Party City Holdco Inc. ( PRTY Quick Quote PRTY - Free Report) , Caleres, Inc. ( CAL Quick Quote CAL - Free Report) and Dillard's, Inc. ( DDS Quick Quote DDS - Free Report) . 5 Stocks to Keep Tabs on Analyst Upgrades
Lack of proper guidance often induces stumbling blocks in life. The same holds true for the investing world as well. With a plethora of stocks flooding the market at a particular point of time, choosing stocks to design a winning portfolio becomes a herculean task without a word of advice from experts in the investing space. After all, investors are shelling out their hard-earned money into the unpredictable stock market and certainly won’t like to see the same go down the drain by making wrong choices.
The current uncertain scenario makes it all the more imperative for individual investors to be guided by experts.
The experts in the investing world are brokers who possess a thorough understanding of the stock market. They have deeper insight into what's happening in a particular company as they directly communicate with its management. They also talk directly to customers at times to gauge what they like or dislike about the products and services offered by the company. Moreover, they go through minute details of the publicly available financial documents apart from attending company conference calls and other presentations.
Since brokers indulge in detailed research work, the question of their actions being arbitrary does not arise. Estimate revisions also serve as an important pointer regarding the price of a stock. In fact, an increase in estimates normally leads to stock price appreciation and vice versa.
Given the above backdrop, 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 in the presence of analyst information, it is also included. The price/sales ratio takes care of the company’s top line, thereby 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/1143481/5-stocks-to-keep-tabs-on-following-analyst-rating-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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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
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