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.
Here are this week’s stocks:
Palo Alto Networks (NASDAQ:PANW) – This cybersecurity company offers advanced firewall and cloud security solutions to protect organizations from cyber threats. 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 6%.
General Dynamics (NYSE:GD) – GD is an aerospace and defense company. 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 10%.
Sysco Corp. (NYSE:SYY) – This company engages in the selling, marketing, and distribution of food products. The stock has an overall technical analysis score of a Strong Buy. Likewise, analysts have given SYY stock a Strong Buy consensus rating, with their 12-month price target indicating about 10% upside on the stock.
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.
