For Immediate Release
Chicago, IL – December 3, 2021 – Stocks in this week’s article are ArcBest Corp. ARCB, Atlas Air Worldwide Holdings, Inc. AAWW, Caleres, Inc. CAL, Arch Resources, Inc. ARCH and Peabody Energy Corporation BTU.
5 Broker-Friendly Stocks to Buy Amid the Omicron Scare
News about the spread of Omicron, the latest variant of coronavirus, dampened investors’ sentiments. Following the detection of this new variant, which was first identified in South Africa, the United States decided to suspend and restrict the entry of foreign nationals into the country. However, the restriction will be applicable only if the passengers were in South Africa, Namibia, Zimbabwe, Botswana, Lesotho, Mozambique, Malawi and Eswatini during a fortnight preceding their entry into the United States. To worsen the situation, the Fed chairman’s comment on the likely acceleration of the bond-buy tapering process dashed market participants’ hopes to a great extent.
However, irrespective of the market conditions, investors strive to design a winning portfolio of stocks. They, after all, are putting their hard-earned money into the stocks. Amid the prevalent confusion, it is almost impossible for individual investors to come up with a promising basket of stocks without proper guidance. Therefore, it is in the best interest of investors to seek advice from the “experts in the field."
Who Are These Experts & Why is Their Advice Important?
The concerned experts are brokers. Brokers have a deeper insight into what’s happening in a particular company along with better understanding of the overall sector and the industry.
To attain their objective, they go through minute details of the publicly available financial documents apart from attending company conference calls and other presentations. Since brokers follow the stocks under their coverage in great detail, they revise their earnings estimates after carefully examining the pros and cons of an event for the concerned company. Estimate revisions serve as an important pointer regarding the price of a stock.
Broker opinion should thus act as a valuable guide for investors while deciding their course of action (buy, sell or hold) on a particular stock.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1834228/5-broker--friendly-stocks-to-buy-amid-the-omicron-scare
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Peabody Energy Corporation (BTU) : Free Stock Analysis Report
Atlas Air Worldwide Holdings (AAWW) : Free Stock Analysis Report
ArcBest Corporation (ARCB) : Free Stock Analysis Report
Caleres, Inc. (CAL) : Free Stock Analysis Report
Arch Resources Inc. (ARCH) : Free Stock Analysis Report
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