3 improved stocks to buy in September
The market has been quite cold lately. Investment gurus are sounding the alarm bells that a bear market could develop. However, there are still some great investment opportunities available for those who want to do their research and be patient.
It is in your financial best interest to sort POWR evaluations at least once every two days. These ratings are updated throughout the week to provide investors with the information necessary to make informed and informed investment decisions. While many newbie retail investors treat the stock market like a digital casino, those who diligently buy and hold stocks for the long term will become the big winners in posterity.
Best Buy (BBY), Johnson Outdoors (JOUT) and Zebra Technologies Corporation (ZBRA) are three of the most attractive stocks recently improved in the POWR ratings. Let’s take a look at each of these titles to better understand their unique merits.
Best Buy (BBY)
BBY sells computers as fast as they are off the truck. Head over to your local BBY, and you might find slim choices, especially if you’re looking for an office tower. BBY is making more money per computer sold due to the shortage, but the cost of materials needed to make these units is also increasing. BBY also sells home appliances, video games, electronics and other consumer / home office products.
BBY has an overall rating of A, which translates into a strong buy rating in the POWR rating system. BBY also has a Momentum rating of A and B in the Quality, Feeling and Value components. You can find out about BBY’s prices in the Stability and Growth sections by clicking here.
BBY is ranked fifth out of 40 stocks in the industry of B-rated specialty retailers. You can find other top stocks in this industry by clicking here. BBY is trading around $ 19 below its 52 week high of $ 128.58. The stock’s forward P / E ratio is only 11.07, which means it is undervalued.
The appeal of BBY is largely based on its wide selection of items needed for remote working. The pandemic continues to rage, which means many more people will be working from home with computers, monitors and other items sold by BBY.
BBY is also entering the e-mobility product market, selling e-bikes, scooters and other mobility products with electric transmissions. Although the company failed in its quest to sell Brammo e-bikes years ago, the electric mobility trend is now reaching a mainstream tipping point.
Click here to view our 2021 Retail Industry Report
Johnson outside (JOUT)
JOUT, a designer, manufacturer and distributor of recreational products, generates income by selling outdoor equipment, diving supplies, personal watercraft and marine electronics.
JOUT is ranked second out of 35 stocks in the athletics and recreation industry. This industry has 35 stocks. You can find other top-ranked stocks in this industry by clicking here.
JOUT has an overall rating of A and a strong buy rating in our POWR rating system. The company has a sentiment score of A and B scores in the Quality, Momentum and Value components. Investors can find out how JOUT ranks in the rest of the components, including stability and growth, by clicking here.
JOUT’s 0.91 beta is reassuring, especially given the latest market drop. In terms of price performance, the stock gained over 28% last year. The only analyst who issued a price target for JOUT set it at $ 180. This means that JOUT has a potential upside of 62.37%.
Zebra Technologies Corporation (ZBRA)
ZBRA’s activity appears to be as sustainable as possible. This tech company provides asset intelligence solutions that facilitate automation. ZBRA’s automated tools facilitate data capture, identification, maintenance, inventory management, and overall operational efficiency.
ZBRA is ranked just outside the top five in its Industrial Industry – Machines ranked A, ranking sixth overall. Investors can find other top stocks in this industry by clicking here.
ZBRA has an overall rating of A, resulting in a strong buy rating in our POWR rating system. The stock has B ratings in the Quality, Sentiment, Stability and Growth components. Click here to find out how ZBRA ranks in the rest of the components, including Momentum and Value.
Click here to view our industrial sector report for 2021
BBY shares rose $ 0.01 (+ 0.01%) in pre-market trading on Thursday. Year-to-date, BBY has gained 11.80%, compared to a 20.48% increase in the benchmark S&P 500 over the same period.
About the author: Patrick Ryan
Patrick Ryan has over a dozen years of investment experience with a focus on the information technology, consumer and entertainment industries. In addition to working for StockNews, Patrick has also written for Wealth Authority and Fallon Wealth Management. Following…