Ten stocks stood firmer on Wednesday, mimicking the rally on Wall Street, as investors took heart from a broader market optimism backed by renewed hopes for easing Middle East tensions.
The Strait of Hormuz blockade could significantly boost commodities prices, which makes these three stocks look attractive.
Analyst upgrades don’t always move stocks. But when they start hitting in clusters, now we’re talking. This week, only three stocks in our analyst screen picked up multiple upgrades over the past seven days.
The key for investors right now is to be selective, focusing on companies with actual earnings growth rather than chasing a sector-wide trade that may already have run its course.