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Analysts and Technical Indicators Agree: These 3 Stocks Are “Strong Buys,” Week of 12/11/2023  
Stock Analysis & Ideas

Analysts and Technical Indicators Agree: These 3 Stocks Are “Strong Buys,” Week of 12/11/2023  

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:  

Zoetis (ZTS): This animal health company’s overall technical analysis score is a Strong Buy. Moreover, the analyst consensus rating is a Strong Buy, and their 12-month consensus price target indicates an upside of 11.1%.  

Fedex Corporation (FDX): This provider of transportation, e-commerce, and business services has an overall technical analysis score of a Strong Buy. Likewise, analysts have given FDX stock a Strong Buy consensus rating, with their 12-month price target indicating a 13.7% upside on the stock.  

McKesson Corp (MCK): Likewise, MCK, a healthcare company, 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 20.1%.

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.

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