Zacks.com featured highlights include: Tilly's, The Bancorp, Cohu, Teekay Tankers and Sony

For Immediate Release

Chicago, IL – December 20, 2019 - Stocks in this week’s article are Tilly's Inc. TLYS, The Bancorp Inc. TBBK, Cohu Inc. COHU, Teekay Tankers Ltd. TNK and Sony Corp. SNE.

5 Stocks with Recent Price Strength that Still Have Upside

While Wall Street has performed remarkably in 2019, the last month is looking even more spectacular buoyed by strong economic data, especially labor market data. Generally, December remains a good month for stock investors. Holiday sales usually pick up this month.

However, some concerns remain. Global economy is yet to show signs of recovery. The U.S. manufacturing industry is still suffering from weakness although recently released industrial production data for November was better than expected. Moreover, phase-one trade deal is yet to be signed by the presidents of the United States and China.

So, wouldn’t it be a safer strategy to look for stocks that are winners currently and have the potential to gain further?

Sounds good? Here’s how to execute it:

One should primarily target stocks that have recently been on a bull run. Actually, stocks seeing price strength recently have a high chance of carrying the momentum forward.

If a stock is continuously witnessing an uptrend, there must be a solid reason or else it would have probably crashed. So, looking at stocks that are capable of beating the benchmark that they have set for themselves seems rational.

However, recent price strength alone cannot create magic. Therefore, you need to set other relevant parameters to create a successful investment strategy.

Here’s how you should create the screen to shortlist the current as well as the potential winners.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/678084/5-stocks-with-recent-price-strength-that-still-have-upside?art_rec=quote-stock_overview-zacks_news-ID03-txt-678084

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

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Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.

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

 

 

 

                                                                                     

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Teekay Tankers Ltd. (TNK) : Free Stock Analysis Report
 
Cohu, Inc. (COHU) : Free Stock Analysis Report
 
Sony Corporation (SNE) : Free Stock Analysis Report
 
The Bancorp, Inc. (TBBK) : Free Stock Analysis Report
 
Tilly's, Inc. (TLYS) : Free Stock Analysis Report
 
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