TipRanks’ Technical Analysis Screener gives investors everything they need to find the stocks that fit their unique technical analysis investment strategy. Using the screener, we have identified 3 stocks that are heavy hitters, considered Strong Buys according to both their technical analysis score and Wall Street analysts’ ratings.
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Here are this week’s stocks:
Capital One Financial (COF) – Capital One Financial is a U.S.-based bank holding company offering credit cards, consumer and commercial banking, and financial services. The stock has an overall technical analysis score of a Strong Buy. Moreover, the analyst consensus rating is a Strong Buy, and their 12-month consensus price target indicates an upside of about 20%. The stock has gained 24% year-to-date and has a Smart Score of “Perfect 10.”
Xylem (XYL) – Xylem is a global water technology company that designs and manufactures solutions for water transport, treatment, and smart water management. The stock carries an overall technical analysis score of Strong Buy. Analysts concur with that sentiment, giving a Strong Buy consensus rating with a 12-month price target that implies an upside of nearly 13%. The stock has gained 23% year-to-date and has a Smart Score of “Perfect 10.”
Western Digital (WDC) – This is a global data storage company that manufactures and sells hard drives, SSDs, and data center storage solutions. The stock has an overall technical analysis score of a Strong Buy. Likewise, analysts have given WDC stock a Strong Buy consensus rating, with their 12-month price target indicating a nearly 15% upside on the stock. The stock has gained 69% year-to-date and has a Smart Score of “Perfect 10.”
What Is the TipRanks Technical Analysis Score?
TipRanks’ unique calculation combines the Moving Average score and the Oscillator score to assess a stock’s technical strength or weakness. The score provides a comprehensive view of a stock’s potential price movement, based on historical data and technical analysis.