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Zacks.com featured highlights include: Metropolitan Bank Holding Corp., Horizon Bancorp Inc., CBIZ Inc., Sensus Healthcare Inc. and Ocwen Financial Corp

For Immediate Release

Chicago, IL – January 20, 2022 – Stocks in this week’s article are Metropolitan Bank Holding Corp. MCB, Horizon Bancorp Inc. HBNC, CBIZ Inc. CBZ, Sensus Healthcare Inc. SRTS and Ocwen Financial Corp. OCN.

5 Stocks with Recent Price Strength for a Volatile January

Wall Street has been suffering since the beginning of 2022 after finishing two successive impressive years despite being pandemic-ridden. In fact, severe volatility has gripped U.S. stock markets since Black Friday of 2021 with the resurgence of the Omicron variant of coronavirus and the Fed’s decision of a drastic shift from ultra-dovish monetary policies to a relatively hawkish stance.

Although, Fed Chairman Jerome Powell refrained from commenting anything on when the Fed will raise the benchmark lending rate and at what magnitude, Fed’s dot-plot indicates that all 18 members are expecting at least one rate hike in 2022. Of 18 Fed members, 12 expect three rate hikes in 2022 followed by two more in 2023 and 2024. Several analysts also warned that the Fed might hike rates as early as March.

The primary concern of the central bank is soaring inflation. The pandemic-led global disruption of the supply-chain system inflated input costs while growing demand is pulling up the general price level. In the United States, the consumer price index jumped to a 40-year high in December.

Several stocks have gained in the past four weeks. Notable among them are — Metropolitan Bank Holding Corp., Horizon Bancorp Inc., CBIZ Inc., Sensus Healthcare Inc. and Ocwen Financial Corp.

Here’s How We Arrived at the Picks

We have primarily targeted stocks that have freshly been on a bull run. Stocks seeing price strength recently have a high chance of carrying the momentum forward.

If a stock is continuously witnessing an uptrend, there must be a solid reason or it would have probably crashed. So, looking at stocks capable of beating the benchmark that they have set for themselves seems rational.

However, recent price strength alone cannot create magic. Therefore, other relevant parameters are needed to create a successful investment strategy.

Here’s how you should create the screen to shortlist the current as well as the potential winners.

For the rest of this Screen of the Week article please visit Zacks.com at :https://www.zacks.com/stock/news/1853668/5-stocks-with-recent-price-strength-in-a-volatile-january

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

Visit: https://www.zacks.com/

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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Ocwen Financial Corporation (OCN) : Free Stock Analysis Report
 
CBIZ, Inc. (CBZ) : Free Stock Analysis Report
 
Horizon Bancorp IN (HBNC) : Free Stock Analysis Report
 
Sensus Healthcare, Inc. (SRTS) : Free Stock Analysis Report
 
Metropolitan Bank Holding Corp. (MCB) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

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