Back to top

Zacks.com featured highlights include: ArcBest, Molina, Avis Budget, Cincinnati Bell and AMC

Read MoreHide Full Article

For Immediate Release

Chicago, IL – November 15, 2018 - Stocks in this week’s article are ArcBest Corp. (ARCB - Free Report) , Molina Healthcare, Inc. (MOH - Free Report) , Avis Budget Group, Inc. (CAR - Free Report) , Cincinnati Bell Inc. (CBB - Free Report) and AMC Entertainment Holdings, Inc. (AMC - Free Report) .

5 Stocks to Watch on Recent Broker Rating Upgrades

One often falters in life due to lack of proper guidance. This is true for the investing world as well. With a deluge of stocks flooding the market at any point of time, an investor may make a wrong choice while designing a portfolio in the absence of proper know-how.

Moreover, time constraint makes the task even harder. Choice of improper stocks can adversely impact returns, thereby ruining the objective of investing hard-earned money in the highly unpredictable stock market.

Broker Advice – The Savior

To avoid such an unfortunate scenario, investors, more often than not rely on guidance provided by brokers who are deemed to be experts in the field.

Of the three types of brokers/analysts (sell-side, buy-side and independent) present in the investment world, sell-side analysts are most common. Various brokerage firms employ them to provide unbiased opinion to investors after thorough research. Buy-side analysts are employed by hedge funds, mutual funds etc. while the independent ones simply sell their reports to investors. Brokers not only scrutinize the publicly available financial documents but also attend company conference calls and other presentations.

Given the above scenario, it is in the best interest of investors to pay heed to such well-researched information. Estimate revisions serve as an important pointer regarding the price of a stock.

Framing a Winning Strategy

We have designed a screen to shortlist stocks based on improving analyst recommendation 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 has also been 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/337436/5-stocks-to-watch-out-for-on-recent-broker-rating-upgrades

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 >>.

Follow us on Twitter:  http://twitter.com/zacksresearch

Join us on Facebook:  http://www.facebook.com/ZacksInvestmentResearch

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 http://www.zacks.com/performance for information about the performance numbers displayed in this press release.



More from Zacks Press Releases

You May Like