For Immediate Release
Chicago, IL – January 17, 2019 - Stocks in this week’s article are Humana Inc. HUM, Darden Restaurants, Inc. DRI, The Sherwin-Williams Company SHW, United Continental Holdings, Inc. UAL and Spirit Airlines, Inc. SAVE.
5 Stocks with Upgraded Broker Ratings Worth Buying Right Now
During an earnings season, market sentiment is largely influenced by corporate results and guidance. Though earnings performance is a good indicator of a stock’s future performance, identifying future growth drivers is not always an easy task.
A company’s better-than-expected earnings may not always translate to a solid price appreciation for its stock due to some reasons that are not easy to identify. So, it is advisable to depend on expert advice. One way to do this is to follow broker recommendations.
Brokers have a better understanding of stocks, deeper industry knowledge and a grasp over the economy at large. They scrutinize the company’s fundamentals and place them against the current economic backdrop to find out how the stock will fare as an investment option.
Brokers go through the company’s publicly available documents, attend conference calls and are in direct communication with the top management. At times, to get more insight into the company’s products and services offered, they even communicate with customers.
After an in-depth research, brokers decide to rate the company’s stock. So, when a broker upgrades a stock, you can easily rely on it.
Still solely depending on analyst recommendations is not the right way to build your investment portfolio. You should also take into consideration certain other factors to ensure solid returns.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/347599/5-stocks-with-upgraded-broker-ratings-worth-buying-right-now
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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United Continental Holdings, Inc. (UAL) : Free Stock Analysis Report
Spirit Airlines, Inc. (SAVE) : Free Stock Analysis Report
The Sherwin-Williams Company (SHW) : Free Stock Analysis Report
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