Stock and options research firm InvestorsObserver recently launched a new service that uses proprietary analysis to evaluate and rank stocks based on long and short term price patterns, as well as the company’s underlying fundamentals.
The service offers an overall ranking that takes into account both the technical and fundamental data, and we want to take a closer look at five stocks that generate high overall scores, and see what has been driving each stocks’ recent strength.
It is always important to do your own homework when looking at stocks, but it is also important to use analyst opinions and scores as a good starting point when screening the overall stock universe for your next investment, or when you are deciding whether or not to hold or eliminate a current position.
The service also offers pre-set screens for stocks with top scores, stocks whose ranks have risen the most, whose ranks have risen the most since their last earnings report, and the top searched stocks.
Each of the following stocks get high scores by InvestorsObserver which warrants a closer look by investors that have been considering adding the stocks to their portfolio.