One must follow rating upgrades by brokers as they have a deeper understanding of the stocks. We pick Genuine Parts (GPC), RingCentral (RNG) Waters (WAT), PBF Energy (PBF) and Arthur J. Gallagher (AJG) as these witness ratings upgrades.
Investors target stocks that have been on a bullish run lately. Stocks like PPC, AVT, OAS, DK and PBF that are seeing price strength have a high chance of carrying the momentum forward.
Here is how Geopark (GPRK) and PBF Energy (PBF) have performed compared to their sector so far this year.