Attracted by the screener’s design to combine both technical and fundamental analysis in its overall ranking system, we have been following the Stock Score Report on InvestorsObserver for the last few months.
Since we started to track the screen’s rankings we have uncovered some really strong stocks, and with the current market volatility believe that a screening approach that combines both technical and fundamental data is a key to best protecting our portfolios at this time.
Strong technical scores indicate that traders have been bullish on the stock in both the short and long term, and a strong fundamental score shows that the company is in a good position to continue producing the results that Wall Street wants to see from companies moving forward.
This week we see a couple of familiar names among the top-ranked stocks, and we once again have found a nicely diversified group of names for investors to consider adding to their portfolios.
Given the current market uncertainty, it is more important than ever to make sure you put your money to work in stocks that have shown recent strength, with the best chance of building on their recent gains. Here are five stocks that fit the bill.