🍎 🍕 Less apples, more pizza 🤔 Have you seen Buffett’s portfolio recently?Explore for Free

3 Upgraded Stocks to Buy in May

Published 05/07/2021, 05:15 PM
Updated 05/07/2021, 06:30 PM
© Reuters.  3 Upgraded Stocks to Buy in May
SBUX
-
SHW
-
SYK
-

POWR Ratings upgrades are a great source of companies moving in the right direction. When combined with qualitative and fundamental research, we can find great stocks poised to move higher in the months ahead. That's why David Cohne is recommending Starbucks (SBUX), Sherwin-Williams (SHW), and Stryker (SYK).One of the many benefits of our proprietary POWR Ratings system is the upgrades page. This page shows us which companies are improving from a growth and quality standpoint. This is reflected in higher grades in our ratings system. While we recommend investors only buy stocks that are rated a Buy or Strong Buy, picking up a recently upgraded Buy stock allows investors to get ahead of the game.

Many stocks get upgraded daily, which is why it's important to focus on stocks with the best prospects. That's why I like to take a qualitative approach to find catalysts that will drive shares up. One feature that I'm particularly keen on is a company that is a leader in its industry. These types of companies are typically one of, if not the largest, and most recognized brands in their space.

So, I ran a screen to find recently Buy-rated upgraded stocks that were leaders in their industry and offered the potential for growth in the months ahead, and these three top stocks were leading the pack: Starbucks Corporation (NASDAQ:SBUX), Sherwin-Williams Company (NYSE:SHW), and Stryker Corporation (NYSE:SYK).

Continue reading on StockNews

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.