We continue to track the stock getting top rankings on InvestorsObserver’s new screening tool, the Stock Score Report. Each week we have highlighted five stocks that appear at or near the top of the rankings and take a closer look at where each are trading, and where analysts see shares moving.
The screening tool combines both technical and fundamental data to formulate an overall ranking that takes both into consideration. We like the approach because it allows us to narrow down the overall stock universe to a group of stocks that have not only shown past strength in the market but are also poised to build on those gains moving forward with strong underlying fundamentals.
Each week we have pulled out a diversified group of five stocks, which appear to have what it takes to build on their recent gains and continue to reward investors moving forward.
As market volatility rises, money will start to flow out of securities with high values and high risk and move more into stocks that have the strongest underlying fundamental data and recent stock performance.
Here are five stocks that rank high and should be able to build on their recent gains.