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Zacks.com featured highlights include Corteva, Clearwater Paper and Chevron

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For Immediate Release

Chicago, IL – August 11, 2022 – Stocks in this week’s article are Corteva, Inc. (CTVA - Free Report) , Clearwater Paper Corp. (CLW - Free Report) and Chevron Corp. (CVX - Free Report)

3 Stocks with Upgraded Broker Ratings Despite Tough Backdrop

The operating environment continues to be challenging for stocks amid macroeconomic and geopolitical uncertainties. Thus, it's not easy for individual investors to choose stocks independently and generate robust returns.

So how does one choose the right stocks? One way is to follow rating upgrades by brokers. In this regard, stocks like Corteva, Inc., Clearwater Paper Corp. and Chevron Corp. are worth a look.

Brokers have more insight into what's happening at a particular company as they directly communicate with management. Also, they have a better understanding of the overall industry and the economy.

Brokers go through a company's publicly available financial statements, listen to conference calls and talk directly with the top brass. They even interact with customers to gauge what they like or dislike about the products and services offered by the company.

Therefore, after detailed research, brokers decide to rate a particular company's stock. Indeed, when brokers upgrade a stock, one can easily rely on it. Yet, merely depending on brokers' upgrades is not the correct way to build your investment portfolio. One must also take into consideration other factors to ensure robust returns.

Here are the three stocks that qualified the screening:

Corteva, based in Indianapolis, IN, operates in the agriculture business across the globe. CTVA operates through two segments — Seed and Crop Protection.

Corteva's 2022 earnings are projected to increase 19.1%. The stock, carrying a Zacks Rank #2 at present, has witnessed a 6.3% upward revision in broker ratings over the past four weeks.

Spokane, WA-based Clearwater Paper manufactures and supplies bleached paperboards and consumer and parent roll tissues. CLW operates through two segments, Pulp and Paperboard, and Consumer Products.

The company's earnings for 2022 are expected to surge 298.1%. Clearwater Paper, currently sporting a Zacks Rank #1, has witnessed 10% upward revision in broker ratings over the past four weeks.

San Ramon, CA-headquartered Chevron is one of the largest publicly traded oil and gas companies in the world. CVX is a fully integrated energy company, meaning it participates in every aspect of energy – from oil production to refining and marketing.

Chevron's 2022 earnings are projected to increase 118.3%. The stock, carrying a Zacks Rank #2 at present, has witnessed a 6.3% upward revision in broker ratings over the past four weeks.

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For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1966501/3-stocks-with-upgraded-broker-ratings-despite-tough-backdrop

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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Chevron Corporation (CVX) - free report >>

Clearwater Paper Corporation (CLW) - free report >>

Corteva, Inc. (CTVA) - free report >>