For Immediate Release
Chicago, IL – August 28, 2019 - Stocks in this week’s article are La-Z-Boy Inc. (NYSE:LZB) , PaySign, Inc. (NASDAQ:PAYS) and Target Corp. (NYSE:TGT) .
3 Stocks with Upgraded Broker Ratings Worth Betting on Now
Choosing stocks from the vast investment universe is not an easy task. For this, one needs to understand the fundamentals of every company and try to place them against the present economic background to figure out how it fares as an investment.
One way to carry out this task is to follow broker recommendation. Brokers have insight into what’s happening at a particular company as they directly communicate with management. Further, they have a deeper insight of the overall industry and the economy.
Brokers go through a company’s publicly available financial statements, listen to conference calls and engage in talks directly with the top brass. At times, they even talk to customers to gauge what they like or dislike about the products and services offered by the company.
Hence, after thorough research, brokers decide to rate a particular company’s stock. Naturally, when a broker upgrades a stock, one can easily rely on it.
But merely depending on broker upgrades is not the correct way to build investment portfolio. One should also take into consideration 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/490648/3-stocks-with-upgraded-broker-ratings-worth-betting-on-now
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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Strong Stocks that Should Be in the News
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La-Z-Boy Incorporated (LZB): Free Stock Analysis Report
Target Corporation (TGT): Free Stock Analysis Report
3PEA international, Inc. (PAYS): Free Stock Analysis Report
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