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For Immediate Release
Chicago, IL – March 11, 2020 – Stocks in this week’s article are La-Z-Boy Incorporated (NYSE:LZB) , Chipotle Mexican Grill, Inc. (NYSE:CMG) , Ulta Beauty, Inc. (NASDAQ:ULTA) , Cypress Semiconductor Corp. (NASDAQ:CY) and TopBuild Corp. (NYSE:BLD) .
5 Stocks with Upgraded Broker Ratings to Fight Coronavirus Woes
Markets are facing extreme volatility due to coronavirus concerns.It has become very difficult for individual investors to identify stocks with strong prospects. So, advice from experts is crucial.
Hence, you could simply follow broker rating upgrades.Brokers have a deeper insight into stocks, the sectors and the overall economy. Brokers directly communicate with top management. They also thoroughly study publicly available documents and attend conference calls.
In addition, brokers scrutinize the fundamentals of companies and place them against the current economic backdrop to find out how the stocks will fare as an investment option. Therefore, by following broker rating upgrades, you can easily find attractive stocks.
But solely depending on broker upgrades is not advisable. You must take into consideration a few other factors before adding a stock to your investment portfolio. This way you can ensure solid returns.
For the rest of this Screen of the Week article please visit Zacks.com at:https://www.zacks.com/stock/news/806083/5-stocks-with-upgraded-broker-ratings-to-fight-coronavirus-woes
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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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 http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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