19 Stocks The Street Is Buying
By far one of my best screens in determining who is buying what on the street! What you will find are those stocks that, among other variables that I use, 1) Gaining an increased amount of coverage by brokerage firms and analysts, and 2) Being upgraded on a regular basis. Th1is is a good screen to show you where the smart money is putting their capital to work at, without you having to actually ask them.
To prove the importance of this particular stock screen, of the 17 that were on the list the previous time this screen was run, the average return from 8/25 through 9/16 was an impressive 10% against the market returns of 6.5%. Of those stocks listed below, Whitney Holding Group (WTNY) is attempting to put in a bottom, while Enterprise Products Partners (EPD) has an incredible trend marked with higher-highs and lower-lows. Other stocks worth paying attention to are FFG and NGG, both of which have cup and handle patterns forming, whereas Embraer-Empresa Brasileira (ERJ) and Windstream (WIN) are breaking out of price consolidation.
Here Are 19 Stocks The Street Is Buying.