For Immediate Release
Chicago, IL – June 09, 2017 - Stocks in this week’s article include Weight Watchers International, Inc. (NYSE: WTW – Free Report ), Sturm, Ruger & Company, Inc. (NYSE: RGR – Free Report ), Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB – Free Report ), TopBuild Corp. (NYSE: BLD – Free Report ) and Nutrisystem, Inc. (NASDAQ: NTRI – Free Report ).
Screen of the Week of Zacks Investment Research:
Bet on These 5 Best Stocks with Upgraded Broker Ratings
A basic fundamental analysis is not enough to choose stocks that have the potential to generate attractive returns. An effective and easy way to zero in on the right stocks is to follow broker rating upgrades.
Brokers have a deeper understanding of companies, sectors and the overall economy. Also, they directly communicate with top management. Further, brokers carefully go through the company’s publicly available documents and attend conference calls.
Also, they scrutinize the fundamentals of a company and place them against the current economic backdrop to determine how the stock will fare as an investment option. So, by following broker rating upgrades, you can effortlessly find stocks with solid returns.
Nonetheless, solely depending on broker upgrades is not the right way to build your portfolio. You must take into account certain other factors to ensure steady returns.
Choosing the Winning Strategy
We have a screening strategy that will help in your search for potential winners:
Broker Rating Upgrades (4 weeks): The screen selects stocks that have witnessed broker rating upgrades over the last four weeks.
Current Price greater than 5: The stocks must be trading above $5.
Average 20-day Volume greater than 100,000: A large trading volume guarantees that the stock is easily tradable.
Zacks Rank equal to #1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven record of success. You can see the complete list of today’s Zacks #1 Rank stocks here .
VGM Score equal to A or B: Our research shows that stocks with a VGM Score of A or B when combined with a Zacks Rank #1 or 2 (Buy) offer the best upside potential.
Here are five of the 11 stocks that made it through the screen:
Headquartered in New York,Weight Watchers International, Inc. (NYSE: WTW – Free Report ) offers weight management services. The company boasts a strong surprise history, with a trailing four-quarter average beat of 24.3%. The stock witnessed 4.8% upward revision in broker ratings over the past four weeks.
Headquartered in Southport, CT,Sturm, Ruger & Company, Inc. (NYSE: RGR – Free Report ) designs, manufactures and sells firearms under the Ruger trademark. The company boasts a strong surprise history, with a trailing four-quarter average beat of 22.7%. The stock witnessed 25% upward revision in broker ratings over the past four weeks.
Greenwood Village, CO-basedRed Robin Gourmet Burgers, Inc. (NASDAQ: RRGB – Free Report ) develops, operates, and franchises casual-dining and fast-casual restaurants. Over the trailing four quarters, the company delivered an average positive surprise of 17.3%. The stock witnessed 22.2% upward revision in broker ratings over the past four weeks.
TopBuild Corp. (NYSE:BLD – Free Report ), headquartered in Daytona Beach, FL, is engaged in the installation, distribution, and sale of insulation and other building products to the construction industry. Over the trailing four quarters, the company delivered an average positive surprise of 6%. The stock witnessed 6.7% upward revision in broker ratings over the past four weeks.
Fort Washington, PA-based Nutrisystem, Inc. (NASDAQ: NTRI – Free Report ) provides weight management products and services for women and men. Over the trailing four quarters, the company delivered an average positive surprise of 17.5%. The stock witnessed 10.3% upward revision in broker ratings over the past four weeks.
Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today .
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.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance .
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don’t wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111
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. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
Get the full Report on WTW - FREE
Get the full Report on RRGB - FREE
Get the full Report on RGR - FREE
Get the full Report on BLD - FREE
Get the full Report on NTRI - FREE
Follow us on Twitter: https://twitter.com/zacksresearch
Join us on Facebook (NASDAQ:FB): https://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: https://www.zacks.com/performance
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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Weight Watchers International Inc (WTW): Free Stock Analysis Report
Sturm, Ruger & Company, Inc. (RGR): Free Stock Analysis Report
Red Robin Gourmet Burgers, Inc. (RRGB): Free Stock Analysis Report
TopBuild Corp. (BLD): Free Stock Analysis Report
NutriSystem Inc (NTRI): Free Stock Analysis Report
Original post
Zacks Investment Research