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Zacks.com featured highlights include: Caleres, Boise Cascade, Best Buy, Chico's FAS and The Allstate Corp

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·4 min read
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For Immediate Release

Chicago, IL – June 23, 2021 – Stocks in this week’s article are Caleres, Inc. CAL, Boise Cascade Company BCC, Best Buy Co., Inc. BBY, Chico's FAS, Inc. CHS and The Allstate Corporation ALL.

5 Stocks Flying High Following Recent Analyst Upgrades

With the second-quarter 2021 earnings season in the offing, investors will look to include a winning basket of stocks in their respective portfolios, which have the potential to surpass earnings expectations in the to-be-reported quarter. This is because an earnings beat more often than not leads to stock price appreciation.

Investors after all are parking out their hard-earned money in the stock market. Naturally, they will want to generate handsome returns for their portfolio. However, the task of designing one's portfolio with potential outperformers is anything but easy.

In fact, equity market tricks are not easy to master with a plethora of stocks flooding the space at any point of time. The task becomes even more difficult when one tries to select a promising portfolio without proper guidance.

A handful of inappropriate stocks can adversely impact his/her returns, thereby ruining the very objective of investing the hard-earned money in the highly unpredictable stock market.

Broker Advice: The Way Forward?

To avoid such a predicament, investors, more often than not rely on the guidance provided by brokers who are deemed experts in the field equipped with thorough knowledge and a clear insight into the nitty gritties of the investment world.

They have at their disposal a lot more information about a company and its prospects than individual investors. Brokers directly communicate with the top management. They also thoroughly study the publicly available documents and attend conference calls. 

Since brokers meticulously follow the stocks under their coverage, they revise their earnings estimates after carefully examining the pros and cons of an event for the concerned company. Naturally, their estimate revisions serve as an important pointer regarding the price of a stock.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1748071/5-stocks-flying-high-following-recent-upgrade-by-analysts

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 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

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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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Best Buy Co., Inc. (BBY) : Free Stock Analysis Report
 
The Allstate Corporation (ALL) : Free Stock Analysis Report
 
Chicos FAS, Inc. (CHS) : Free Stock Analysis Report
 
Boise Cascade, L.L.C. (BCC) : Free Stock Analysis Report
 
Caleres, Inc. (CAL) : Free Stock Analysis Report
 
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Zacks Investment Research