Over the last month, we have run a series of articles taking a closer look at highly ranked stocks in InvestorsObserver’s new Stock Score Report service, and some of the names we have picked up so far have been good ones, so we want to continue using it to search out some more quality names.
What sets the Stock Score Report rankings apart from other screeners we have looked at is that it takes into account both the stock’s technical and fundamental scores before offering an overall ranking of the stock universe.
Most investors tend to focus on either just the technical or just the fundamental data when screening for stocks, so having a tool that combines both offers a lot of value to investors looking for stocks to add to their portfolios.
You can make valid arguments in favor of either investing approach, but there is no questioning the value that can be added by using both technical and fundamental screens when ranking stocks.
Stocks with high rankings in the Stock Score Report have strong technical scores that suggest the market is bullish on the stock, and solid underlying fundamentals which suggest that the company’s underlying business is strong enough to keep the stock moving in the right direction down the road.
Let’s take a closer look at five stocks that have ridiculously high rankings at this time.