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Zacks.com Featured Highlights: US Foods Holding, WellCare Health Plans, Berry Plastics Group, Jabil Circuit And Goodyear Tire & Rubber

Published 10/09/2016, 09:30 PM
Updated 07/09/2023, 06:31 AM

For Immediate Release

Chicago, IL – October 10, 2016 - Stocks in this week’s article include: US Foods Holding Corp. (NYSE:USFD-Free Report),WellCare Health Plans, Inc. (NYSE:WCG-Free Report),Berry Plastics Group, Inc. (NYSE:BERY-Free Report),Jabil Circuit Inc (NYSE:JBL). (NYSE:JBL-Free Report) andGoodyear Tire & Rubber Company (NASDAQ:GT -Free Report).

Screen of the Week of Zacks Investment Research:

Top 5 Stocks with Upgraded Broker Ratings to Buy Now

A basic fundamental analysis is not enough to select stocks that have the potential to generate solid returns. An effective and effortless way to zero in on the right stocks is to follow broker rating upgrades.


Brokers have a deeper insight into companies, sectors and the overall economy. Also, they directly communicate with the top management. Further, brokers painstakingly go through the company’s publicly available documents and attend conference calls.

Moreover, they scrutinize the fundamentals of a company and place them against the current economic backdrop to determine how the stock will fare as an investment option. Hence, by following broker rating upgrades, you can easily find attractive stocks.

Nevertheless, solely depending on broker upgrades is not the correct way to build your investment portfolio. You should also take into account certain other factors to ensure steady returns.

The following screen will help you in finding the potential winners:

The Winning Strategy

Broker Rating Upgrades (4 weeks): The screen selects stocks that have witnessed broker rating upgrades over the last four weeks.

Current Price greater than 10: The stocks must be trading above $10.

Average 20-day Volume greater than 100,000: A large trading volume guarantees that the stock is easily tradable.

Zacks Rank equal to #1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven record of success. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here .

VGM Score equal to A: Our research shows that stocks with a VGM Score of A or B when combined with a Zacks Rank #1 or 2 (Buy) offer the best upside potential.

Here are five of the 10 stocks that made it through the screen:

Headquartered in Rosemont, IL, US Foods Holding Corp. (NYSE:USFD -Free Report) markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the U.S. Over the trailing four quarters, the company delivered an average positive surprise of 5%. The stock has witnessed 7.4% upward revision in broker ratings over the past four weeks.

WellCare Health Plans, Inc. (NYSE:WCG -Free Report), headquartered in Tampa, FL, provides managed care services for government-sponsored health care programs. The company boasts a strong surprise history, with a trailing four-quarter average beat of 29.6%. The stock has witnessed 6.1% upward revision in broker ratings over the past four weeks.

Berry Plastics Group, Inc. (NYSE:BERY -Free Report), based in Evansville, IN, manufactures and distributes plastic consumer packaging and engineered materials in the U.S., Canada, Mexico, Belgium, France, Australia, Germany, Brazil, Malaysia, India, China, and the Netherlands. The company boasts a strong surprise history, with a trailing four-quarter average beat of 14%. The stock has witnessed 4.3% upward revision in broker ratings over the past four weeks.

St. Petersburg, FL-based Jabil Circuit Inc. (NYSE:JBL -Free Report) provides electronic manufacturing services and solutions worldwide. The company boasts a strong surprise history, with a trailing four-quarter average beat of 41.6%. The stock has witnessed 6.7% upward revision in broker ratings over the past four weeks.

The Goodyear Tire & Rubber Company (NASDAQ:GT) (NASDAQ:GT -Free Report), based in Akron, OH, develops, manufactures, markets, and distributes tires, and related products and services. The company boasts a strong surprise history, with a trailing four-quarter average beat of 10.3%. The stock has witnessed 23.6% upward revision in broker ratings over the past four weeks.

Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software.

The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

Click here to sign up for a free trial to the Research Wizard today .

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.

Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance

Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »


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Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; 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! Click here for your free subscription to Profit from the Pros.

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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.



US FOODS HLDG (USFD): Free Stock Analysis Report

WELLCARE HEALTH (WCG): Free Stock Analysis Report

BERRY PLASTICS (BERY): Free Stock Analysis Report

JABIL CIRCUIT (JBL): Free Stock Analysis Report

GOODYEAR TIRE (GT): Free Stock Analysis Report

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