For Immediate Release
Chicago, IL – July 18, 2018 - Stocks in this week’s article Integer Holdings Corp. ITGR, Louisiana-Pacific Corp. LPX, Knight-Swift Transportation Holdings Inc. KNX, Herc Holdings Inc. HRI and Eaton Corporation plc ETN.
5 Stocks to Add to Your Portfolio on Upgraded Broker Ratings
The earnings season has already begun and investors are concerned about the financial performance of the companies. But taking investment decisions based on quarterly performance is not wise. Though earnings performance is a good enough indicator of a stock’s prospects, identifying future growth drivers is not always an easy task.
Therefore, 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 also 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/311722/5-stocks-to-add-to-your-portfolio-on-upgraded-broker-ratings
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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Herc Holdings Inc. (HRI) : Free Stock Analysis Report
Knight-Swift Transportation Holdings Inc. (KNX) : Free Stock Analysis Report
Louisiana-Pacific Corporation (LPX) : Free Stock Analysis Report
Eaton Corporation, PLC (ETN) : Free Stock Analysis Report
Integer Holdings Corporation (ITGR) : Free Stock Analysis Report
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