Yahoo Finance Zacks.com featured highlights The Gap, Universal Health Services and Inter
For Immediate Release
Chicago, IL – June 28, 2024 – Stocks in this week’s article are The Gap, Inc. GPS, Universal Health Services UHS and Inter & Co, Inc. INTR.
3 Stocks with Upgraded Broker Ratings to Buy for Robust Returns
Given the current solid market performance, it is tough for retail investors to choose stocks independently and generate robust returns. For this, one has to understand the fundamentals of a company and try to place them against the current economic background to figure out how the stock may fare as an investment.
One way to cut short this task is to follow brokers’ recommendations. Stocks like The Gap, Inc., Universal Health Services and Inter & Co, Inc. are worth betting on.
As brokers directly communicate with top management, they have a deeper insight into what is happening in a particular company. They assess a company’s publicly available documents and even attend conference calls.
Brokers have more understanding of the overall sector and industry. They place company fundamentals against the current economic backdrop to determine how a particular stock will fare as an investment.
Hence, when brokers upgrade a stock, one can easily rely on their judgment. But solely depending on broker upgrades is not the correct way to build your investment portfolio. Several other factors should be taken into account to ensure steady returns.
Here are three of the four stocks that qualified the screening:
Based in San Francisco, CA, Gap is a premier international specialty retailer offering a diverse range of clothing, accessories, and personal care products. GPS offers products for men, women and children under the Old Navy, Gap, Banana Republic, Athleta, Intermix and Hill City brands.
Estimates for Gap’s fiscal 2025 earnings have been revised 26.1% north over the past 30 days. GPS, sporting a Zacks Rank #1, has witnessed a 6.3% upward revision in broker ratings over the past four weeks.
Headquartered in King of Prussia, PA, Universal Health owns and operates (through its subsidiaries) acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. UHS, through its subsidiaries, operated 360 inpatient acute care hospitals and 48 outpatient and other facilities as of Feb 27, 2024.
Universal Health’s 2024 earnings estimates have been revised almost 1% upward over the past 30 days. UHS, carrying a Zacks Rank #2 at present, has witnessed a 5.9% upward revision in broker ratings over the past four weeks.
Inter & Co, based in Brazil, is engaged in banking and spending, investments and insurance brokerage businesses. INTR is the premier Financial Super App providing integrated products and services to more than 30 million customers.
Estimates for Inter & Co’s 2024 earnings have been revised marginally upward over the past 30 days. INTR, carrying a Zacks Rank #2 at present, has witnessed a 14.3% upward revision in broker ratings in the past four weeks.
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For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2294159/3-stocks-with-upgraded-broker-ratings-to-buy-for-robust-returns
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Universal Health Services, Inc. (UHS) : Free Stock Analysis Report
The Gap, Inc. (GPS) : Free Stock Analysis Report
Inter & Co. Inc. (INTR) : Free Stock Analysis Report
