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Zacks.com featured highlights include: EXFO, Great Lakes, Clarus, Ur-Energy and Ladenburg

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For Immediate Release

Chicago, IL – April 17, 2019 - Stocks in this week’s article are EXFO Inc. , Great Lakes Dredge & Dock Corporation (GLDD - Free Report) , Clarus Corporation (CLAR - Free Report) , Ur-Energy Inc. (URG - Free Report) and Ladenburg Thalmann Financial Services Inc. .

5 Breakout Stocks for Amazing Returns

Possibly the single most popular method utilized by active investors is to identify breakout stocks. This method seeks out stocks whose prices are varying within a tight range. In the event of a stock declining below the floor of this channel, it may be time to offload it from your portfolio. But if a stock manages to rise above this channel, it holds the possibility of delivering strong returns.

Picking Prospective Candidates

In order to identify breakout stocks, you must first determine their resistance and support levels. A resistance level is the barrier which must be broken so as to be identified as a breakout stock. Meanwhile, a support level is the floor for the stock’s movement.

At the breakout level, the demand for the stock has peaked, making it a natural choice for traders. On the other hand, when a stock hits the support floor, traders are eager to offload it. In order to spot breakout stocks, you would have to see which of these are on the brink of breaking the resistance barrier or those that have just breached this level.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/381277/5-breakout-stocks-for-amazing-returns

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


See More Zacks Research for These Tickers


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Ur Energy Inc (URG) - free report >>

Great Lakes Dredge & Dock Corporation (GLDD) - free report >>

Clarus Corporation (CLAR) - free report >>

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