For Immediate Release
Chicago, IL – December 3, 2019 - Stocks in this week’s article are Changyou.com Ltd. CYOU, Danaos Corp. DAC and Sony Corp. .
Add These 3 Stocks with Upgraded Broker Ratings to Your Portfolio
It’s not an easy task for an individual investor to pick winning stocks on his own as there are several fundamental and technical aspects that need to be considered for spotting the potential gainers. This is where expert advice comes handy.
As brokers are in direct communication with top management of companies, they have deeper insight into what’s happening in it. Therefore, following what the majority of brokers are saying about a stock can help one understand its potential easily.
Further, brokers analyze fundamentals of the company and place them against the present economic backdrop to figure out how the stock will fare as an investment. Also, they have a deeper understanding of the overall industry and economy.
Specifically, brokers analyze a company’s publicly available financial statements, attend conference calls and communicate with management. They even talk to customers to gauge their likes or dislikes about products and services offered by the company.
Hence, there’s comprehensive research behind the rating of a broker on a company’s stock. Naturally, when an analyst upgrades a stock, you can easily rely on it.
Nevertheless, it’s not correct to solely depend on analysts’ opinions to build your investment portfolio. You must also take into consideration certain other factors to ensure strong returns.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/653777/add-these-3-stocks-with-upgraded-broker-ratings-to-portfolio
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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