With today being the last day of August, it's time for investors to start thinking about what stocks they want to hold in their portfolios for September. One strategy is to consider stocks recently upgraded to a Strong Buy rating by our proprietary POWR Ratings system. Gap Inc (NYSE:GPS), Stantec (NYSE:STN), and Varex Imaging Corporation (NASDAQ:VREX) are three stocks that fit the bill and are certainly worth a look.The POWR Ratings have been calculated, pinpointing the best and worst stocks to own based on extensive and in-depth analysis. A wide range of components is considered when determining if a stock is worth an upgrade or a downgrade. Check out the latest POWR Ratings upgrades for yourself, and you will find more than a dozen stocks have been upgraded to Strong Buys.
The fact that more than a dozen stocks were elevated to Strong Buys while about half a dozen were demoted to Strong Sells is a good sign for the market. Plus, the economy is moving along even as the price of gas rises, and money will be needed to be spent on rebuilding areas impacted by hurricane Ida.
Gap Inc (GPS), Stantec (STN), and Varex Imaging Corporation (VREX) are three of the most intriguing POWR Ratings upgrades. Below, I provide a look at each of these stocks.