The Zacks Rank Explained: How to Find Strong Buy Business Services Stocks

From Nasdaq
January 17, 2025 09:00:03 AM:

Building a successful investment portfolio requires skill and hard work. The Zacks Rank, a unique stock-rating model, uses earnings estimate revisions to make portfolio building easier. Factors like Agreement, Magnitude, Upside, and Surprise contribute to the ranking system, helping investors benefit from institutional investors’ power and trends in earnings estimate revisions. Stocks with a #1 (Strong Buy) ranking have historically outperformed the market. One example is Coinbase Global, Inc. (COIN), which has seen positive earnings estimate revisions and strong market momentum, making it a top pick for investors. The Zacks Rank has a proven track record of success, with Zacks #1 Rank stocks outperforming the market in 26 of the last 32 years. For those looking to maximize their investment returns, utilizing the Zacks Rank can lead to significant gains in their portfolios.

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