For Immediate Release
Chicago, IL – January 23, 2020 – Stocks in this week’s article are Delta Air Lines, Inc. (DAL - Free Report) , Costco Wholesale Corp. (COST - Free Report) and Owens & Minor, Inc. (OMI - Free Report) , EOG Resources, Inc. (EOG - Free Report) and JELD-WEN Holding, Inc. (JELD - Free Report) .
Buy These 5 Top-Ranked Stocks with Upgraded Broker Ratings
During an earnings season, market sentiment is largely influenced by corporate results and guidance. Though earnings performance is a good indicator of a stock’s future performance, identifying future growth drivers is not always an easy task.
A company’s better-than-expected earnings may not always translate into a solid price appreciation for its stock due to reasons that are difficult to identify. Hence, 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 the top management. At times, to get more insight into the company’s products and services offered, they even communicate with customers.
After a thorough research, brokers decide to rate stocks. Therefore, by following broker rating upgrades, you can easily find promising investment picks.
Nonetheless, solely depending on broker recommendations is not the right way to build your investment portfolio. You should 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/728924/buy-these-5-topranked-stocks-with-upgraded-broker-ratings
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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