Zacks.com featured highlights include Okta, DoorDash and Brinker International

27.12.24 14:45 Uhr

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For Immediate ReleaseChicago, IL – December 27, 2024 – Stocks in this week’s article are Okta, Inc. OKTA, DoorDash, Inc. DASH and Brinker International, Inc. EAT.3 Stocks With Upgraded Broker Ratings to Bet On for 2025This year has been a remarkable one for stock market investors. The S&P 500 Index has soared almost 27% this year in a resilient macroeconomic environment amid robust corporate earnings. So, it might become difficult for retail investors to choose stocks independently and generate solid returns in 2025. To do this, one needs to understand the company fundamentals and try to place them against the current economic background to figure out how the stock may fare as an investment. One way to cut short this task is to follow brokers’ recommendations. Stocks like Okta, Inc., DoorDash, Inc. and Brinker International, Inc. are worth betting on.As brokers directly communicate with top management, they have more insight into what is happening in a particular company. They assess a company’s publicly available documents and even attend conference calls.Brokers have more understanding of the overall sector and industry. They place company fundamentals against the current economic backdrop to determine how a particular stock will fare as an investment.When brokers upgrade a stock, one can easily rely on their judgment. Yet, depending on broker upgrades is not enough to build your investment portfolio. Several other factors should be taken into account to ensure steady returns.3 Stocks With Upgraded Broker RatingsBased in San Francisco, Okta operates as an identity partner in the United States and internationally. It offers products and services to manage and secure identities.OKTA’s fiscal 2025 earnings are expected to jump 72.5% year over year. Okta, which carries a Zacks Rank #2, has witnessed a 2.7% upward revision in broker ratings over the past four weeks.Headquartered in San Francisco, DoorDash offers a logistics and technology platform to local businesses. The company’s platform connects merchants, consumers and dashers. DoorDash’s 2024 earnings are projected to soar 118.3% on a year-over-year basis. The company, carrying a Zacks Rank #2 at present, has witnessed a 2.6% upward revision in broker ratings over the past four weeks.Based in Dallas, TX, Brinker International owns, operates, develops and franchises various restaurants under Chili’s Grill & Bar (Chili’s) and Maggiano’s Little Italy (Maggiano’s) brands. Chili’s is a preeminent leader in the bar & grill category of casual dining, while Maggiano’s is a full-service, national, casual dining Italian restaurant brand.Brinker International’s fiscal 2025 earnings are expected to rise 44.2% year over year. EAT, sporting a Zacks Rank #1, has witnessed a 10.5% upward revision in broker ratings over the past four weeks.Get the remaining stock on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.Click here to sign up for a free trial of the Research Wizard today.For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2388132/3-stocks-with-upgraded-broker-ratings-to-bet-on-for-2025Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.About Screen of the WeekZacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine.  But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.Strong Stocks that Should Be in the NewsMany are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.Follow us on Twitter:  https://www.twitter.com/zacksresearchJoin us on Facebook:  https://www.facebook.com/ZacksInvestmentResearchZacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.Contact: Jim GiaquintoCompany: Zacks.comPhone: 312-265-9268Email: pr@zacks.comVisit: https://www.zacks.com/Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.Zacks Naming Top 10 Stocks for 2025Want to be tipped off early to our 10 top picks for the entirety of 2025?History suggests their performance could be sensational.From 2012 (when our Director of Research Sheraz Mian assumed responsibility for the portfolio) through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2025. Don’t miss your chance to get in on these stocks when they’re released on January 2.Be First to New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Brinker International, Inc. (EAT): Free Stock Analysis Report Okta, Inc. (OKTA): Free Stock Analysis Report DoorDash, Inc. (DASH): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks

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Nachrichten zu Okta Inc

Analysen zu Okta Inc

DatumRatingAnalyst
29.08.2019Okta BuyCanaccord Adams
21.08.2019Okta OutperformCowen and Company, LLC
02.08.2019Okta Market PerformBMO Capital Markets
31.05.2019Okta BuyNeedham & Company, LLC
28.05.2019Okta NeutralMonness, Crespi, Hardt & Co.
DatumRatingAnalyst
29.08.2019Okta BuyCanaccord Adams
21.08.2019Okta OutperformCowen and Company, LLC
02.08.2019Okta Market PerformBMO Capital Markets
31.05.2019Okta BuyNeedham & Company, LLC
04.04.2019Okta BuyNeedham & Company, LLC
DatumRatingAnalyst
28.05.2019Okta NeutralMonness, Crespi, Hardt & Co.
18.10.2018Okta NeutralRobert W. Baird & Co. Incorporated
05.06.2018Okta HoldNeedham & Company, LLC
02.05.2017Okta HoldCanaccord Adams
DatumRatingAnalyst

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