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Zacks.com featured highlights include: American Airlines, ArcBest, Best Buy, Peabody Energy and Abercrombie & Fitch
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For Immediate Release
Chicago, IL – September 9, 2021 – Stocks in this week’s article are American Airlines Group Inc. (AAL - Free Report) , ArcBest Corporation (ARCB - Free Report) , Best Buy Co., Inc. (BBY - Free Report) , Peabody Energy Corporation (BTU - Free Report) and Abercrombie & Fitch Co. (ANF - Free Report) .
5 Stocks to Watch After Recent Broker Upgrade
The rapid spread of the highly contagious Delta variant of COVID-19 in the United States is threatening to derail the economic recovery that was witnessed in the last few months. The downbeat jobs data for August is primarily due to the Delta strain-induced spike in COVID-19 cases. According to most market watchers, this unfortunate scenario caused a subdued job growth scene.
This uncertainty-filled backdrop is more than enough to unsettle even the steadiest investors. However, irrespective of the surroundings, investors want to make handsome profits from their chosen portfolio of stocks. The task is easier said than done. With a universe of stocks flooding the market at any point of time, it is highly likely that individual investors without any proper guidance will end up with a wrong selection of stocks for his/her portfolio, thereby ruining the prospects of reaping gains.
Who Are the Experts & Why?
The "experts" in the field of investing are brokers. They are equipped with detailed knowledge of the space.
Brokers, irrespective of their types (sell-side, buy-side or independent), have at their disposal a lot more information on a company and its potential than individual investors. To attain their objective, they go through minute details of the publicly available financial documents apart from attending company conference calls and other presentations.
Estimate revisions by brokers serve as an important pointer regarding the price of a stock. In fact, a rating upgrade generally leads to stock price appreciation. Similarly, the price of a stock may plummet following a rating downgrade.
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 >>.
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.
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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Zacks.com featured highlights include: American Airlines, ArcBest, Best Buy, Peabody Energy and Abercrombie & Fitch
For Immediate Release
Chicago, IL – September 9, 2021 – Stocks in this week’s article are American Airlines Group Inc. (AAL - Free Report) , ArcBest Corporation (ARCB - Free Report) , Best Buy Co., Inc. (BBY - Free Report) , Peabody Energy Corporation (BTU - Free Report) and Abercrombie & Fitch Co. (ANF - Free Report) .
5 Stocks to Watch After Recent Broker Upgrade
The rapid spread of the highly contagious Delta variant of COVID-19 in the United States is threatening to derail the economic recovery that was witnessed in the last few months. The downbeat jobs data for August is primarily due to the Delta strain-induced spike in COVID-19 cases. According to most market watchers, this unfortunate scenario caused a subdued job growth scene.
This uncertainty-filled backdrop is more than enough to unsettle even the steadiest investors. However, irrespective of the surroundings, investors want to make handsome profits from their chosen portfolio of stocks. The task is easier said than done. With a universe of stocks flooding the market at any point of time, it is highly likely that individual investors without any proper guidance will end up with a wrong selection of stocks for his/her portfolio, thereby ruining the prospects of reaping gains.
Who Are the Experts & Why?
The "experts" in the field of investing are brokers. They are equipped with detailed knowledge of the space.
Brokers, irrespective of their types (sell-side, buy-side or independent), have at their disposal a lot more information on a company and its potential than individual investors. To attain their objective, they go through minute details of the publicly available financial documents apart from attending company conference calls and other presentations.
Estimate revisions by brokers serve as an important pointer regarding the price of a stock. In fact, a rating upgrade generally leads to stock price appreciation. Similarly, the price of a stock may plummet following a rating downgrade.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1793656/5-stocks-to-watch-out-for-after-recent-broker-upgrade
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: 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.