tiprankstipranks
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.

Don't Miss our Black Friday Offers:

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.

Disclosure

Related Articles
Joshua EnomotoHow to Possibly Profit from FedEx Stock’s (FDX) Rising Volatility with Options
TheFlyFedEx price target raised to $365 from $350 at Barclays
TheFlyFedEx price target raised to $331 from $301 at Citi
Go Ad-Free with Our App