For Immediate Release
Chicago, IL – July 26, 2019 - Stocks in this week’s article are United Airlines Holdings, Inc. (UAL - Free Report) , American International Group, Inc. (AIG - Free Report) and KBR, Inc. (KBR - Free Report) .
3 Stocks with Upgraded Broker Ratings Worth Betting on Now
During an earnings season, market sentiments are largely influenced by corporate results and guidance. Though earnings are a good enough indicator of a stock’s future performance, identifying growth drivers is not an easy task.
A company’s better-than-expected earnings may not always translate into a solid price appreciation due to some reasons that are not easy to identify. So, it is wise to depend on expert advice. One way to do this is to follow broker recommendations.
Brokers have a better understanding of stocks, deeper industry knowledge and a grasp over the economy at large. They scrutinize the company’s fundamentals and place them against the current economic backdrop to find out how the stock will fare as an investment option.
Brokers go through the company’s publicly available documents, attend conference calls and are in direct communication with top management. At times, to get more insight into the company’s products and services offered, they even communicate with customers.
After an in-depth research, brokers decide to rate the company’s stock. So, when an analyst upgrades a stock, you can easily rely on it.
Still solely depending on analyst recommendations is not the right way to build your investment portfolio. You should also take into consideration certain other factors to ensure solid returns.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/449401/3-stocks-with-upgraded-broker-ratings-worth-betting-on-now
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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