From NASDAQ MarketSite: 2024-04-30 09:00:04

Building a successful investment portfolio requires skill, research, and a bit of luck. The Zacks Rank, a proprietary stock-rating model, uses earnings estimate revisions to help create a winning portfolio. Factors of the Zacks Rank include Agreement, Magnitude, Upside, and Surprise, indicating potential stock outperformance based on analyst sentiment and earnings surprises.

Institutional investors move markets based on earnings expectations, using changes to build valuation models. Retail investors can benefit by following institutional trends, buying stocks with rising estimates. The Zacks Rank provides a unique advantage and can help investors take advantage of upward earnings estimate revisions to identify highly sought-after stocks.

Alphabet (GOOGL) has been added to the Zacks Rank #1 list, with a strong market position and increase in search queries driving growth. With positive earnings estimate revisions, an average earnings surprise of 11.3%, and expected earnings growth of 29.1%, GOOGL could be a strong addition to investors’ portfolios with a #1 (Strong Buy) ranking.

For investors looking to boost their returns, utilizing the Zacks Rank can help identify top stocks. Stocks with a new #1 (Strong Buy) ranking have significant profit potential, while those downgraded to a #4 (Sell) or #5 (Strong Sell) may have lower performance expectations. By following the Zacks Rank methodology, investors can capitalize on market trends and maximize their investing returns.

Zacks experts have identified a promising American AI company with clients like BMW and GE, projecting potential quadruple returns in the upcoming year. By leveraging Zacks’ methodology and expert analysis, investors can discover top stocks with explosive upside potential and capitalize on market opportunities. Explore the Zacks #1 Rank List to uncover today’s top stocks and elevate your investment strategy.



Read more at NASDAQ MarketSite: This Top Computer and Technology Stock is a #1 (Strong Buy): Why It Should Be on Your Radar