Chicago, IL – November 22, 2024 – Stocks in this week’s article are Twilio Inc. TWLO, American Airlines Group Inc. AAL and Klaviyo, Inc. KVYO.
Buy These 3 Stocks with Upgraded Broker Ratings Right Now
Given the current upbeat market performance, it is difficult for retail investors to choose stocks independently and generate solid returns. To do this, one needs to understand the company fundamentals and try to place them against the current economic background to figure out how the stock may fare as an investment.
One way to cut short this task is to follow brokers’ recommendations. Stocks like Twilio Inc., American Airlines Group Inc. and Klaviyo, Inc. are worth betting on.
As brokers directly communicate with top management, they have more insight into what is happening in a particular company. They assess a company’s publicly available documents and even attend conference calls.
Brokers have more understanding of the overall sector and industry. They place company fundamentals against the current economic backdrop to determine how a particular stock will fare as an investment.
When brokers upgrade a stock, one can easily rely on their judgment. Yet, depending on broker upgrades is not enough to build your investment portfolio. Several other factors should be taken into account to ensure steady returns.
3 Stocks with Upgraded Brokers Ratings
Based in San Francisco, Twilio provides Cloud Communications Platform-as-a-Service. It enables developers to build, scale and operate real-time communications within software applications.
Twilio’s 2024 earnings are expected to jump 48.6% year over year. TWLO, sporting a Zacks Rank #1, has witnessed a 3.7% upward revision in broker ratings over the past four weeks.
Headquartered in Fort Worth, TX, American Airlines is the largest airline company globally. AAL’s primary business is to provide passenger and cargo services.
American Airlines’ 2024 earnings are projected to grow marginally on a year-over-year basis. The company, carrying a Zacks Rank #2 at present, has witnessed a 5% upward revision in broker ratings over the past four weeks.
Based in Boston, MA, Klaviyo provides a software-as-a-service platform globally. It offers Klaviyo, a cloud-native platform for data store, segmentation engine, campaigns and flows and messaging infrastructure.
Klaviyo’s 2024 earnings are expected to rise 36.1% year over year. KVYO, carrying a Zacks Rank #2, has witnessed a 4.1% upward revision in broker ratings over the past four weeks.
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For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2373155/buy-these-3-stocks-with-upgraded-broker-ratings-right-now
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