3 Upgraded Stocks To Consider Buying

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The POWR Ratings can help investors navigate this tricky market environment. Although the S&P 500 made new, all-time highs last week, there is much more volatility under the surface.

The POWR Ratings can help you identify stocks that are under accumulation and showing genuine earnings growth and avoid risky names that are most vulnerable to continued weakness.

Below, we provide a look at three of the latest POWR Ratings upgrades: Dropbox (DBX), Kulicke & Soffa Industries (KLIC), and Papa Johns International (PZZA).

Dropbox (DBX)

DBX provides a platform that empowers users to share and store information ranging from files and spreadsheets to photos, videos, and more. DBX has an A overall POWR Rating grade. The stock has an A grade in the Growth component of the POWR Ratings along with Bs in the Quality, Momentum, and Value components. If you are curious as to how DBX fares in the remainder of the POWR Rating components such as Sentiment and Stability, you can find out by clicking here.

Of the 77 publicly traded companies in the Technology – Services space, DBX is ranked 7th. Click here to learn more about the stocks traded in this industry. DBX has a year-to-date price return of 18%. The stock’s 2020 price return was 23.90%.

The analysts have established an average target price of $29.83 for DBX. The highest target price for the stock is $37. If DBX were to reach the average target price, it would have popped by nearly 15%. Of the 11 analysts who have issued recommendations for DBX, three consider it a Strong Buy, four consider it a Buy, two consider it a Hold, one considers it a Sell and one considers it a Strong Sell. Making DBX even more attractive is the fact that it has a forward P/E ratio of 21.05, a relatively modest figure considering DBX’s industry. Furthermore, DBX is trading merely pennies below its 52-week high.

Kulicke & Soffa Industries (KLIC - Get Rating)

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