Strong buy signal stocks

Strong buy signal stocks

Author: kosarevant Date of post: 01.06.2017

Each week Forcerank runs a variety of games covering different industries. What we have found, is that the top three ranked companies in their respective games deliver the biggest positive price movement for that week. This week the winners features popular names like Amazon NASDAQ: Amazon maintains the top position after reaching all time highs each day last week.

The average user rank of the retail giant improved to 2. Amazon continues to disprove the naysayers as a pioneer for innovation and technology. Its next big bet is in India. Amazon is also ramping recruitment in its Alexa and Echo divisions.

The Alexa platform has been one of the many devices that has made them a leader in the race to the future. In all likelihood shares will have to dip at some point before breaking to the next channel. This is the first week Twitter takes the top spot in the social media contest, dethroning Facebook NASDAQ: FB in the process. The main frontrunners for the company still include Google NASDAQ: CRM , Microsoft NASDAQ: MSFT and Walt Disney Company NYSE: Seeing as there is no timetable in place for a sale, this is becoming a wait and see situation.

If nothing comes of these recent talks in the upcoming weeks it is difficult to see this runup continuing. New rumors have emerged that a merger between CBS and Viacom is on the horizon. This would reunite the two companies that were torn apart nearly a decade ago.

Stocks to Own

In reality, CBS has remained resilient through the rise of cord cutters while Viacom has struggled. The recent merger talks propelled both stocks and pushed CBS to the second position in the media contest. Its technical chart also took a bullish turn on the news with on balance volume and MACD trending higher.

Bank of America NYSE: After slumping for several weeks, Bank of America appears poised for a new rally. The bank capped off the week with a 3.

Bank of America has considerable upside given its low valuation, steadily improving dividend and high trading volume. High trading volume means shares are susceptible to swings both up and down.

Given the recent turnaround, high trading volume appears to favor the upside. Bank of America is currently ranked in the second spot of the investment banking game just behind JPMorgan Chase NYSE: Average user rank improved significantly to 4. Yum Brand is one of the few winners who is also reporting earnings this week.

Yum is expected to benefit on the back of strength in the Taco Bell, Pizza Hut and KFC brands.

strong buy signal stocks

This will likely offset the slowdown the company is seeing in emerging markets, particularly China. Yum China sales have been adversely impacted by currency headwinds and several health related scares.

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