Investment group

Zacks.com highlights include: Costamare, BrightSphere Investment Group, Main Street Capital and UGI Corp.

For immediate release

Chicago, IL – November 4, 2021 – The stocks in this week’s article are Costamare Inc. CMRE, BrightSphere Investment Group Inc. BSIG, Main Street Capital Corp. MAIN and UGI Corporation UGI.

Buy These 5 Best Stocks on New Analyst Coverage

New analyst coverage unearths detailed stock data for investors. Analysts have access to vital information crucial to investment decisions. We rely on it a lot because the lack of information creates risks of misinterpretation (over- or underestimated).

Analysts don’t add a headline to their coverage at random. A new hedge on a stock is usually the result of investors concentrating heavily on it or on its promising prospects.

Interestingly, stocks generally see incremental upward price movement with new analyst coverage compared to what they see with the continuation of existing analyst coverage. Of course, the price movement depends on the recommendations of new analysts. Positive recommendations (Buy and Buy Strong) result in a significant incremental price reaction compared to Strong Sell, Sell or Hold recommendations.

If an analyst gives a new recommendation on a company that has little or no analyst coverage, investors start paying more attention to it. In addition, any new information prompts portfolio managers to create a position in the stock.

It should be noted that it is preferable to seek the average evolution of the broker’s recommendation rather than a single evolution of the recommendation. Then again, an upgrade, an initiation or even increased coverage is just as important.

With that in mind, it’s a good strategy to focus on the number of analyst recommendations that have increased over the past few weeks.

Below, we’ve picked out four stocks that have seen analyst coverage increase in recent weeks.

For the rest of this article on the screen of the week, please visit Zacks.com at: https://www.zacks.com/stock/news/1822830/buy-these-5-top-stocks-on-new-analyst-coverage

Disclosure: Officers, directors and / or employees of Zacks Investment Research may own or have sold securities short and / or hold long and / or short positions in options mentioned in this document. An affiliated investment advisory firm may own or have sold securities short and / or hold long and / or short positions in options mentioned in this document.

About the screen of the week

Zacks.com created the first and best filtering system on the web, earning it the “# 1 Stock Filtering Site” award by Money Magazine. But powerful screening tools are just the start. That’s why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.

Solid stocks that should make the news

Many are poorly publicized and fall under the radar of Wall Street. They are practically unknown to the general public. Yet the 220 “strong buys” in today’s Zacks rankings were generated by the stock picking system which more than doubled the market from 1988 to 2016. Its average gain was + 25% per year. See these high potential actions for free >>.

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Contact: Jim Giaquinto

Company: Zacks.com

Telephone: 312-265-9268

Email: [email protected]

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Zacks.com provides investment resources and informs you of these resources, which you can choose to use in making your own investment decisions. Zacks provides information on this resource to you subject to Zacks’ “Terms and Conditions of Service” disclaimer. www.zacks.com/disclaimer.

Past performance is no guarantee of future results. The potential for loss is inherent in any investment. This material is provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold any security. No recommendation or advice is given as to whether an investment is suitable for a particular investor. It should not be assumed that any investment in any identified and described securities, companies, sectors or markets was or will be profitable. All information is current as of the date hereof and is subject to change without notice. The views or opinions expressed may not reflect those of the company as a whole. Zacks Investment Research does not engage in investment banking, market making or securities asset management activities. These returns come from hypothetical portfolios composed of stocks with a Zacks rank = 1 that have been rebalanced monthly without any transaction costs. These are not the returns of actual equity portfolios. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for more information on the performance figures displayed in this press release.

Zacks’ top picks for leveraging artificial intelligence

By 2021, this world-changing technology is expected to generate $ 327.5 billion in revenue. Now Shark Tank star and billionaire investor Mark Cuban has said AI will create “the world’s first trillionaires.” Zacks’ Urgent Special Report Reveals 3 AI Choices Investors Need To Know Today.

See 3 artificial intelligence stocks with extreme upside potential >>

Click to get this free report

UGI Corporation (UGI): Free share analysis report

Main Street Capital Corporation (MAIN): Free Stock Analysis Report

Costamare Inc. (CMRE): Free Stock Analysis Report

BrightSphere Investment Group Inc. (BSIG): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



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