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Five stocks getting high stock scores

Over the last couple of weeks we have been paying close attention to a new stock scoring system put in place by stock and options adviser InvestorsObserver.

InvestorsObserver has a new Stock Score Report set up that ranks stocks based on a variety of fundamental and technical data points.

Most investors, myself included, tend to fall into one of two camps. Investors tend to either trade and invest based on a stock’s technical trends, or on the underlying fundamentals of a company. Both are acceptable approaches, but most traders tend to rely on one or the other.

Personally, I prefer to take the technical approach. My personal belief is that you can better predict a stock’s future potential based on real-time technical trends versus lagging fundamental data. That is my personal opinion, but I also understand there is a lot of merit to understanding a company’s fundamentals, and basing long-term investments on that data.

The fact thatInvestorsObserver is combining both technical and fundamental data in its stock rankings combines the best of both worlds, and is a good approach to take. It allows investors like myself, who rely on technical analysis, to quick see how the fundamentals rank versus a stock’s peers.

The combination of a stock’s technical and fundamental scores yields a stock’s overall ranking, so obviously the higher the overall ranking, the better the stock scores on both a technical and fundamental view.

Let’s take a closer look at five stocks that have high rankings, and see how they are performing. As always, do you own research, but a high ranking on the Stock Score Report suggests that each of these stocks are worth a closer look.

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Michael Fowlkes

Michael Fowlkes is a financial writer who has been with the Fresh Brewed Media family since 2004. Over the course of his tenure with Fresh Brewed Media, he has worn many hats, including portfolio manager, options analyst, and writer. Michael received his undergraduate degree from Virginia Tech in Accounting and got his start in finance working as a stock trader for six years at Chase Investment Counsel in Charlottesville, Va.