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Zacks.com featured highlights include: Antero Resources, Marathon Petroleum, Valero Energy, ConocoPhillips and Bloomin' Brands

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Zacks Equity Research
·5 min read
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For Immediate Release

Chicago, IL – April 20, 2021 – Stocks in this week’s article are Antero Resources Corporation AR, Marathon Petroleum Corporation MPC, Valero Energy Corporation VLO, ConocoPhillips COP and Bloomin' Brands, Inc. BLMN

5 Stocks Prospering on Recent Broker Upgrades

It is a no-brainer that the primary aim of investors at the time of designing their portfolio of stocks is to rake in handsome returns. Investors, after all, are putting in their hard-earned money into the stock market and would not like to see the same going down the drain under any circumstances, particularly in the current uncertainty-fraught scenario.

However, the task of building a winning portfolio of stocks is no cakewalk. In fact, with a deluge of stocks flooding the market at any point of time, the exercise seems cumbersome. It is akin to ‘searching for a needle in a haystack’, particularly in the absence of proper guidance from experts in the field of investing.

Who are the Experts & Why?

The “experts” are brokers who are equipped with detailed knowledge about the space. Brokers, irrespective of their types (sell-side, buy-side or independent), have at their disposal a lot more information on a company and its prospects than individual investors. To attain their objective, they go through minute details of the publicly available financial documents apart from attending company conference calls and other presentations. 

As brokers closely follow the stocks in their coverage in detail and revise earnings estimates only after carefully examining the pros and cons of an event for the concerned company, the question of their action being arbitrary does not arise. In fact, a rating upgrade or downgrade by brokers has the potential to influence the price of the stock.

Naturally, when investors see brokers revising their estimates or recommending a stock, they often assume that there is something valuable in the stock that attracted analyst attention. In fact, a rating upgrade generally leads to stock price appreciation. Similarly, the price of a stock may plummet following a rating downgrade.

Don’t Ignore the Top line

According to many market watchers, a revenue beat is more creditable for a company than a mere earnings outperformance, especially in an environment of revenue weakness due to macroeconomic headwinds. To take care of the top line, we considered the price/sales ratio for screening stocks.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1419952/5-stocks-prospering-on-recent-upgrade-by-brokers

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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Contact: Jim Giaquinto

Company: Zacks.com

Phone: 312-265-9268

Email: pr@zacks.com

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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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.


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Valero Energy Corporation (VLO) : Free Stock Analysis Report
 
ConocoPhillips (COP) : Free Stock Analysis Report
 
Bloomin Brands, Inc. (BLMN) : Free Stock Analysis Report
 
Marathon Petroleum Corporation (MPC) : Free Stock Analysis Report
 
Antero Resources Corporation (AR) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research