The artificial intelligence boom has propelled cybersecurity leaders Crowd strike (CRUD), Palo Alto Networks (PANW), Zscaler (ZS) And Digital generation (GENERATION) on this list of 30 top-rated stocks to buy and watch, compiled by our stock screener.
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PANW shares, CRUD, ZS And GENERATION have already exceeded their limits buy areas. This week, Palo Alto Networks bounced off its 10-week line, lifting the cybersecurity giant to an all-time high.
Several house builders also form the basis of this watch list. Dream Search Homes (DFH), Dr. Horton (DHI), Lennar (LEN), Pulte Group (PHM) And Toll Brothers (TOL) all make this screen.
With booming biotechnology, Regeneron Pharmaceuticals (RAIN) And Vertex Pharmaceuticals (VRTX) also make the cut.
All the names on there stock screen I’m from today’s Top 20 industrial groups – a factor to note since winning stocks generally come from the top-ranked groups of the 197 IBD sectors.
Investors can use Checking ITN stocks to track the group rankings and ratings of each of these stocks to monitor the start of 2024.
Every company on this stock screen also outperforms at least 95% of all stocks in terms of key stock selection factors.
Use this stock filter to create custom filters and watchlists
Educational activities and fashion are also in high demand
Trendsetters love Lululemon Athletica (LULU), Shops in Burlington (BURL) And Ross Stores (PINK) have also made a place for themselves on this screen. ROST and LULU stocks are now extending beyond their latest buy zones. Lululemon attempts to extend its gains with another rebound in its 10-week moving average.
BURL climbed to retake its 200-day moving average as its 50 day line rises above its 200-day benchmark, a sign of a rebound in technical strength.
Educational actions Stride (LRN) learned to impress Wall Street with a strong to burst. It remains extended but has returned below its 10-week line.
Stock Screener highlights top-rated industry leaders
| Business | Symbol | Comp rating | EPS rating | RS classification | SMR rating | Rating A/D |
|---|---|---|---|---|---|---|
| Crowd strike | CRUD | 99 | 99 | 98 | A | A+ |
| FEMSA | FMX | 99 | 82 | 90 | B | B |
| GigaCloud Technology | GCT | 99 | 99 | 99 | A | A |
| They are jubilant | OVERALL | 99 | 96 | 88 | A | B+ |
| Intuition | INTU | 99 | 98 | 90 | A | B- |
| Stride | LRN | 99 | 99 | 95 | B | B+ |
| Lululemon Athletica | LULU | 99 | 98 | 92 | A | B+ |
| Palo Alto Networks | PANW | 99 | 98 | 96 | A | A- |
| Zscaler | ZS | 99 | 99 | 97 | A | B+ |
| Shops in Burlington | BURL | 98 | 81 | 89 | A | B+ |
| Dream Search Homes | DFH | 98 | 96 | 98 | A | A+ |
| Digital generation | GENERATION | 98 | 85 | 86 | A | A |
| LiveRamp | RAMP | 98 | 99 | 92 | B | B |
| Ross Stores | PINK | 98 | 86 | 85 | A | B |
| Neurocrine Biosciences | NBIX | 97 | 95 | 88 | A | B+ |
| Regeneron Pharmaceuticals | RAIN | 97 | 84 | 81 | A | B |
| Trex | TREX | 97 | 90 | 94 | B | B+ |
| Vertex Pharmaceuticals | VRTX | 97 | 89 | 89 | A | B |
| Dr. Horton | DHI | 96 | 82 | 94 | B | B |
| Lennar | LEN | 96 | 82 | 93 | B | B+ |
| Owens Corning | OC | 96 | 94 | 91 | B | A- |
| Armstrong Global Industries | A.W.I. | 95 | 83 | 92 | A | A+ |
| Core and main | CNM | 95 | 84 | 95 | B | A |
| East West Bancorp | EWBC | 95 | 86 | 91 | A | A |
| First Commonwealth Financial | FCF | 95 | 86 | 80 | A | B- |
| Griffin | GFF | 95 | 92 | 96 | B | A- |
| PGT Innovations | PGTI | 95 | 86 | 96 | B | A |
| Pulte Group | PHM | 95 | 95 | 96 | A | B+ |
| Toll Brothers | TOL | 95 | 87 | 95 | B | B+ |
| Webster Financial | OTP | 95 | 84 | 88 | A | A |
Data as of January 11, 2024
PANW and CRWD Stocks Among the Best Stocks to Watch
To complete this screen of the main stocks to watch in the top-ranked sectors, each company must meet the following criteria:
Of course, ratings are only part of the equation when evaluating a stock. Make sure you always view the stock chart to determine when to buy, sell or hold.
Stock Filter: Create your watchlist with stock notes and action lists
Running stock screens with the IBD Stock Filter Or MarketSmith is an effective way to streamline your searches to find top-rated stocks to watch, like Microsoft.
You can also focus on the best stocks to watch using IBD Stock Lists based on a wide range of predefined filters. You will find the highest rated stocks meeting the criteria of the MII 50, IBD Industry Leaders, IBD large cap 20, IPO Leaders and more.
Once you have gathered your potential stock choice For your watch list, you will want to evaluate your ideas with Checking ITN stocks. With Pass, Neutral, or Fail ratings for each of your stocks, IBD Stock Checkup provides a detailed look at the fundamental and technical health of the companies on your watchlist.
Furthermore, based on the CAN SLIM systemTHE Composite score provides an overall score that takes into account each of the IBD ratings. The unique score takes into account the performance of a company and its stocks in terms of annual and quarterly earnings growth as well as its relative strength compared to the rest of the market. The score also takes into account sales, profit margins and institutional demand.
But note that you shouldn’t buy a stock based solely on its rating or placement on one of IBD’s stock lists. No matter how compelling a company’s story may seem, savvy investors will always check technical intervention in the stock chart before buying.
Consult the table to find out When To buy CRWD shares and others
Using stock lists helps you focus on the best stocks to watch. Stock ratings look under the hood to diagnose a company and the fundamental and technical health of its stocks. Stock lists and stock ratings help you understand What buy. But to understand When buy stockshave a look on stock chart.
It is also essential to understand what type of environment you are currently in. bull market, when most stocks go up? Or one bear market, when most stocks fall? Or is it a volatilea turbulent and uncertain period where stock market indices tend not to progress sustainably?
Use stock charts to evaluate both stock indexes and individual stocks. Charts will help you identify the best time to buy stocks by identifying support and resistanceas well as buy points And buy areas. Using charts also helps you identify warning signs and when to sell stocks.
So when looking for potential stock picks and stocks to watch, always check the charts. They provide the most unbiased diagnosis of the health of a stock.
Follow Matthew Galgani on Twitter at @IBD_MGalgani.
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