For Immediate Release
Chicago, IL – February 12, 2021 – Stocks in this week’s article are ArcBest Corporation (
ARCB Quick Quote ARCB - Free Report) , Archer Daniels Midland Company ( ADM Quick Quote ADM - Free Report) , Antero Resources Corporation ( AR Quick Quote AR - Free Report) , Beacon Roofing Supply, Inc. ( BECN Quick Quote BECN - Free Report) and Beazer Homes USA, Inc. ( BZH Quick Quote BZH - Free Report) . 5 Stocks to Watch for Post-Recent Analyst Upgrades
The fourth-quarter earnings season is well past its halfway mark and the picture so far looks healthy and hints at the gradual recovery of the overall economic scenario from the crippling coronavirus woes. The
latest earnings outlook article indicates that of the total 333 S&P 500 companies already reported results, 80.8% delivered better-than-expected earnings per share.
Generally, earnings beat by a company generally leads to an appreciation in its stock price. Against this backdrop, investors would like to add outperformers to their respective portfolios for healthy returns.
However, with a plethora of earnings reports flooding the market during this reporting cycle, pinpointing only the winners is by no means an easy task for individual investors. In absence of proper guidance, identifying a promising stock is akin to searching 'a needle in a haystack', for a prospective stakeholder. Handy tips or a piece of rewarding advice in this respect come from brokers who are deemed experts, equipped with vast knowledge on the field of investing.
Of the three types of brokers/analysts (sell-side, buy-side and independent) present in the investment world, sell-side analysts are most common. Brokers, irrespective of their type, attend company conference calls/presentations and scrutinize every detail available in the public domain before advising investors about their course of action (buy, sell or hold a stock). Considering their know-how and profound understanding of the stocks in the realm of investment, it is a no-brainer that investors should pay heed to broker advice to garner the maximum from their portfolios.
To take care of the earnings performance, we designed a screen based on bettering analyst recommendations and northbound estimate revisions over the last four weeks.
Value the Top Line
To design a winning strategy, it is not wise to consider only the bottom line. In fact, according to some market watchers, a top-line outperformance is more creditable for a stock than a bottom-line beat under certain circumstances. Therefore, to make the earnings strategy full-proof, one needs to address the revenue concerns as well. We considered the price/sales ratio, which serves as a strong complementary valuation metric, for screening stocks.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1261861/5-stocks-to-watch-out-for-post-recent-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.
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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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