CHICAGO, May 15, 2013 /PRNewswire/ -- Stocks in this week's article include: Ryland Group Inc. (NYSE: RYL), Alliant Techsystems Inc. (NYSE: ATK), State Street Corp. (NYSE: STT), IdaCorp, Inc. (NYSE: IDA) and Standard Motor Products Inc. (NYSE: SMP). Kevin Matras goes over 5 top Zacks Ranked Sectors.
Screen of the Week written by Kevin Matras of Zacks Investment Research:
Since roughly half of a stock's price move can be directly attributed to the group that it's in, it's important to stay on top of which groups are the best ones.
And with the brunt of earnings season having just completed, some new groups have found their way on this list.
In my testing, I have found that getting into an average stock in a strong group will oftentimes outperform even the best stocks in a troubled group.
Just because stocks in the best groups have a tendency to outperform doesn't mean you can just pick anything and make money. Far from it. But it illustrates how powerful the underlying group is to the success of your stock picking.
There are several ways you can define the best Sectors or Industries. Today, I'm going to focus on just the Zacks Rank.
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