Zacks.com featured expert Kevin Matras highlights: Fresh Del Monte Produce
Inc., Home Loan Servicing Solutions, Ltd., Michael Kors Holdings Ltd.,
Stratasys, Inc. and The Travelers Companies, Inc.
CHICAGO, Oct. 31, 2012
CHICAGO, Oct. 31, 2012 /PRNewswire/ --Stocks in this week's article include:
Fresh Del Monte Produce Inc. (NYSE: FDP), Home Loan Servicing Solutions, Ltd.
(NASDAQ: HLSS), Michael Kors Holdings Ltd. (NYSE: KORS), Stratasys, Inc.
(NYSE: SSYS) and The Travelers Companies, Inc. (NYSE: TRV). Kevin Matras
explains why looking for stocks with upgraded broker ratings can upgrade your
portfolio to a whole new level.
Screen of the Week written by Kevin Matras of Zacks Investment Research:
I'm sure we've all had the pleasure of waking one morning and seeing that a
broker has upgraded one of our stocks. Unfortunately, we've probably all had
the experience of waking up and seeing one of our stocks downgraded as well.
While nobody can perfectly predict an upgrade or guard against a downgrade,
it's important to know how the market reacts to these things so you can stay
in your upgraded winners (or buy if you're on the fence) and consider getting
out if a downgrade comes your way.
One thing I've been doing lately is screening for stocks that have recently
seen a broker rating upgrade. Tests have proven that stocks with broker rating
upgrades outperform those that don't get upgraded. Furthermore, they
outperform even more against stocks that get downgraded.
By how much?
I created three screens and ran some tests over the last 10 years. And I
applied all the below criteria to stocks trading at greater than or equal to
$5 with an average daily trading volume of greater than or equal to 100,000.
In screen 1: I backtested only those companies with broker rating upgrades.
In screen 2: I tested companies with no rating change at all. Whatever the
rating was, good or bad, there was no change.
And in screen 3: I screened only those companies that received broker rating
For the rest of this Screen of the Week article please visit Zacks.com at:
Sign up now for your free trial today and start picking better stocks
immediately. And with the backtesting feature, you can test your ideas to see
how you can improve your trading in both up markets and down markets. Don't
wait for the market to get better before you decide to do better. Start
learning how to be a better trader today: http://at.zacks.com/?id=111
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. Each week, Zacks Profit from the Pros free email
newsletter shares a new screening strategy. Learn more about it here
Zacks.com is a property of Zacks Investment Research, Inc., which was formed
in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find
patterns in stock market data that would lead to superior investment results.
Amongst his many accomplishments was the formation of his proprietary stock
picking system; the Zacks Rank, which continues to outperform the market by
nearly a 3 to 1 margin. The best way to unlock the profitable stock
recommendations and market insights of Zacks Investment Research is through
our free daily email newsletter; Profit from the Pros. In short, it's your
steady flow of Profitable ideas GUARANTEED to be worth your time! Register for
your free subscription to Profit from the Pros http://at.zacks.com/?id=113
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/ZacksInvestmentResearch
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
Visit http://www.zacks.com/performance for information about the performance
numbers displayed in this press release.
Disclaimer: Past performance does not guarantee future results. Investors
should always research companies and securities before making any investments.
Nothing herein should be construed as an offer or solicitation to buy or sell
Contact: Jim Giaquinto
SOURCE Zacks Investment Research, Inc.
Press spacebar to pause and continue. Press esc to stop.