Investing Wisely Through Market Volatility

Buying Top-Ranked Stocks Efficiently: Generating Profits Amid the Selloff

The recent market selloff has left many investors feeling anxious and uncertain about their investment portfolios. However, savvy investors know that market downturns present opportunities to buy top-ranked stocks at discounted prices. In this article, we will discuss how to identify top-ranked stocks and buy them efficiently to generate profits amid the selloff.

Zacks' proprietary methodology has identified several top-ranked stocks that have the potential to outperform the broader market. These stocks have been ranked based on their fundamental and technical analysis, including factors such as earnings estimates, revenue growth, and institutional ownership.

One such top-ranked stock is Zoom Video Communications, Inc. (ZM). Zoom has been a pandemic-era winner, and its stock has skyrocketed over the past year. Despite the recent selloff, Zoom's stock is still trading at a reasonable valuation, with a forward price-to-earnings ratio of 45.5. The company's strong revenue growth, impressive earnings estimates, and high institutional ownership make it an attractive buy.

Another top-ranked stock is Shopify Inc. (SHOP). Shopify has been a leader in the e-commerce space, and its stock has seen significant gains over the past year. Despite the recent selloff, Shopify's stock is still trading at a reasonable valuation, with a forward price-to-earnings ratio of 75.5. The company's strong revenue growth, impressive earnings estimates, and high institutional ownership make it an attractive buy.

To buy these top-ranked stocks efficiently, investors can use Zacks' proprietary stock screening tools. These tools allow investors to filter stocks based on their fundamental and technical analysis, including factors such as earnings estimates, revenue growth, and institutional ownership.

Investors can also use Zacks' buy rank to identify top-ranked stocks. The buy rank is a proprietary ranking system that evaluates stocks based on their fundamental and technical analysis. Stocks with a buy rank of 1 or 2 are considered strong buys, while stocks with a buy rank of 3 or 4 are considered buys.

In conclusion, buying top-ranked stocks efficiently can be a profitable strategy amid the selloff. By using Zacks' proprietary stock screening tools and buy rank, investors can identify top-ranked stocks and buy them at discounted prices. Zoom Video Communications, Inc. and Shopify Inc. are two top-ranked stocks that have the potential to outperform the broader market. With a strong buy rank and reasonable valuation, these stocks are attractive buys for investors looking to generate profits amid the selloff.