Stock screeners can help investors identify stocks to buy based on a variety of criteria. In fact, one helpful predictor of stock price growth can be found with analyst ratings. Though not perfect, an analyst rating can indicate where institutional investor sentiment lies. In this article, I used a screener to help find stocks that analysts love. Because of their access to company insiders, analysts have access to information not normally available to retail investors.
When an analyst upgrades a stock, it could be a sign that the stock is undervalued. The analyst may believe the company’s fundamentals have improved. Or they may believe that an outperforming stock has more room to run higher. Here are seven stocks that analysts have been upgrading in the 90 days ending May 17, 2023.
This post originally appeared at InvestorPlace.