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Zacks.com featured highlights include: Macy's, BBBY, ABM, BG and PLCE
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For Immediate Release
Chicago, IL – December 24, 2020 - Stocks in this week’s article are Macy’s (M - Free Report) , Bed Bath & Beyond , ABM Industries (ABM - Free Report) , Bunge Ltd. (BG - Free Report) and The Children’s Place (PLCE - Free Report) .
5 Stocks to Consider Following Analyst Upgrades
The year 2020, which is on the last lap, has not been easy for anyone and investors are no exception. The coronavirus-induced uncertainty was enough to send even the steadiest of investors into a tizzy, thereby keeping them on the edge. Although talks about a new COVID strain might add to this chaos, the fact that lawmakers in the United States recently reached a consensus on a $900-billion stimulus package is expected to boost the economy.
Investors would like to make most of this new-found enthusiasm by designing a promising portfolio of stocks. However, the task to select the prospective winners is certainly not a cakewalk for individual investors without proper guidance from experts in the investment world.
Who Are the Experts and Why?
The experts in the investing realm 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 sort.
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 the same. They utilize their profound 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. The direction of their estimate revisions serves as a key determinant of the stock price. 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 special about the stock that attracted analysts’ attention.
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 http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
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Zacks.com featured highlights include: Macy's, BBBY, ABM, BG and PLCE
For Immediate Release
Chicago, IL – December 24, 2020 - Stocks in this week’s article are Macy’s (M - Free Report) , Bed Bath & Beyond , ABM Industries (ABM - Free Report) , Bunge Ltd. (BG - Free Report) and The Children’s Place (PLCE - Free Report) .
5 Stocks to Consider Following Analyst Upgrades
The year 2020, which is on the last lap, has not been easy for anyone and investors are no exception. The coronavirus-induced uncertainty was enough to send even the steadiest of investors into a tizzy, thereby keeping them on the edge. Although talks about a new COVID strain might add to this chaos, the fact that lawmakers in the United States recently reached a consensus on a $900-billion stimulus package is expected to boost the economy.
Investors would like to make most of this new-found enthusiasm by designing a promising portfolio of stocks. However, the task to select the prospective winners is certainly not a cakewalk for individual investors without proper guidance from experts in the investment world.
Who Are the Experts and Why?
The experts in the investing realm 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 sort.
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 the same. They utilize their profound 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. The direction of their estimate revisions serves as a key determinant of the stock price. 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 special about the stock that attracted analysts’ attention.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1200888/5-stocks-to-watch-out-for-following-upgrade-by-analysts
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.
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Company: Zacks.com
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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 http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.