5 Stocks To Buy On New Analyst Coverage

Screening Criteria

Number of Broker Ratings now greater than the Number of Broker Ratings four weeks ago (This will shortlist stocks that have recent new coverage).

Average Broker Rating less than Average Broker Rating four weeks ago('Less than' means 'better than' four weeks ago).

Increased analyst coverage and improving average rating are the primary criteria of this strategy but one should consider other relevant parameters to make the strategy foolproof.

Here are the other screening parameters:

Price greater than or equal to $5(as a stock below $5 will not likely create significant interest for most investors).

Average Daily Volume greater than or equal to 100,000 shares(if the volume isn’t enough, it will not attract individual investors).

Here are five of the 15 stocks that passed the screen:

Movado Group, Inc. (MOV - Free Report), one of the world's premier watchmakers, has a Zacks Rank #1 (Strong Buy) and has seen its shares climb 53% this year, faring much better than the industry’s 22.6% increase. The company’s earnings are expected to grow 20.5% in the current year. The Zacks Consensus Estimate for current-year earnings has moved up 7.6% and 6.3% for the next over the last 60 days. You can see the complete list of today’s Zacks #1 Rank stocks here.

BRT Apartments Corp. (BRT - Free Report), a real estate investment trust, has gained 12.5% year to date, outperforming the 0.4% increase of its industry. This Zacks Rank #3 (Hold) stock has seen its earnings estimates move up 15.2% for the current fiscal and 5.7% for the next over the last 60 days. Earnings for the company are expected to grow 58.2% in the current fiscal.

Integer Holdings Corporation (ITGR - Free Report), a medical device outsource manufacturer worldwide, has outperformed its industry so far this year. While Integer Holdings has gained more than 48% so far this year, its industry has declined 14.9%. This Zacks Rank #2 (Buy) stock has seen its earnings estimates move up 1.3% for 2019 while remaining unchanged for 2018 over the last 60 days. Earnings for the company are expected to rise 19.9% in the current fiscal and 15.6% in the next.

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Disclosure: Zacks.com contains statements and statistics that have been obtained from sources believed to be reliable but are not guaranteed as to accuracy or completeness. References to any specific ...

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