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For Immediate Release
Chicago, IL – January 5, 2022 – Stocks in this week’s article are Boston Beer Co. Inc. SAM, Williams-Sonoma, Inc. WSM, Cerner Corp. CERN, PNM Resources PNM and Sonoco Products Co. SON.
5 Stocks with Upgraded Broker Ratings for Attractive Returns
It’s not easy for an individual investor to pick stocks on his own and gain from them, given so many fundamental and technical aspects that need to be considered for spotting the potential winners. One easy way to carry out this task is to follow broker recommendations.
Since brokers are in direct communication with companies, they have deeper insight into what’s happening in them. Hence, following what the majority of brokers are saying about a stock can help you understand its potential easily.
Thus, in this regard, stocks like Boston Beer Co. Inc., Williams-Sonoma, Inc., Cerner Corp., PNM Resources and Sonoco Products Co. are worth investing in.
Brokers also analyze the fundamentals of the company and place them against the current economic backdrop to figure out how the stock will fare as an investment. Further, they have a deeper understanding of the overall industry and economy.
Precisely, brokers analyze a company’s publicly available financial statements, attend conference calls and communicate directly with top management. They even talk to customers to understand what they like or dislike about the products and services offered by the company.
So, there’s comprehensive research behind the rating of a broker on a company’s stock. Naturally, when a broker upgrades a stock, one can easily rely on it. Yet, it’s not advisable to solely depend on ratings upgrades to build an investment portfolio. One must 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/1846910/5-stocks-with-upgraded-broker-ratings-for-attractive-returns
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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Cerner Corporation (CERN) : Free Stock Analysis Report
Sonoco Products Company (SON) : Free Stock Analysis Report
WilliamsSonoma, Inc. (WSM) : Free Stock Analysis Report
PNM Resources, Inc. (PNM) : Free Stock Analysis Report
The Boston Beer Company, Inc. (SAM) : Free Stock Analysis Report
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