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Zacks.com featured expert Kevin Matras highlights: Fresh Del Monte Produce Inc., Home Loan Servicing Solutions, Ltd., Michael Kors Holdings Ltd., Stratasys, Inc. and The Travelers Companies, Inc.

CHICAGO, Oct. 31, 2012 /PRNewswire/ -- Stocks in this week's article include: Fresh Del Monte Produce Inc. (NYSE: FDP), Home Loan Servicing Solutions, Ltd. (NASDAQ: HLSS), Michael Kors Holdings Ltd.  (NYSE: KORS), Stratasys, Inc. (NYSE: SSYS) and The Travelers Companies, Inc. (NYSE: TRV). Kevin Matras explains why looking for stocks with upgraded broker ratings can upgrade your portfolio to a whole new level.

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Screen of the Week written by Kevin Matras of Zacks Investment Research:

I'm sure we've all had the pleasure of waking one morning and seeing that a broker has upgraded one of our stocks. Unfortunately, we've probably all had the experience of waking up and seeing one of our stocks downgraded as well.

While nobody can perfectly predict an upgrade or guard against a downgrade, it's important to know how the market reacts to these things so you can stay in your upgraded winners (or buy if you're on the fence) and consider getting out if a downgrade comes your way.

One thing I've been doing lately is screening for stocks that have recently seen a broker rating upgrade. Tests have proven that stocks with broker rating upgrades outperform those that don't get upgraded. Furthermore, they outperform even more against stocks that get downgraded.

By how much?

I created three screens and ran some tests over the last 10 years. And I applied all the below criteria to stocks trading at greater than or equal to $5 with an average daily trading volume of greater than or equal to 100,000. 

In screen 1: I backtested only those companies with broker rating upgrades.

In screen 2: I tested companies with no rating change at all. Whatever the rating was, good or bad, there was no change.

And in screen 3: I screened only those companies that received broker rating downgrades.

For the rest of this Screen of the Week article please visit Zacks.com at: http://www.zacks.com/commentary/24329/

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Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine.  But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here http://at.zacks.com/?id=112

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros http://at.zacks.com/?id=113

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Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

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Company: Zacks.com
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SOURCE Zacks Investment Research, Inc.



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