Monthly Picks – June 2023

Today we bring an overview of stocks with the highest growth potential among the stocks we analyze this month. The stocks have been evaluated according to more than 3000 different indicators rated in our model. Thanks to our analytical work, we can evaluate these companies, compare them with each other, and bring you great investment opportunities in our newsletter. We also add an up-to-date article about each company with information about their financial results.

Bank of America (BAC) ranked 4th on our list  

Bank of America Corporation (BAC) is an American multinational financial services company headquartered in Charlotte, North Carolina. With a market capitalization of approximately $225 billion, Bank of America is one of the world’s largest banking institutions and offers a wide range of products and services to individuals, businesses, and governments.

The company is ranked 4th mainly thanks to its strong bullish signal in our model’s PTBV and CCI indicators.

Price to tangible book value (PTBV) compares the company’s market capitalization to all of its assets minus intangible assets (intellectual property, goodwill) and liabilities. Stocks with a lower PTBV ratio are viewed as better buying opportunities than those with a high PTBV. This indicator currently has the highest weight in our model among all the indicators. Measures how much are the historical prices correlated with the current prices to predict future price movements.

https://finance.yahoo.com/news/zacks-industry-outlook-highlights-jpmorgan-090000933.html

Starbucks (SBUX) ranked 5th on our list  

Starbucks Corporation (SBUX) is an American multinational coffee company and coffeehouse chain headquartered in Seattle, Washington. With a market capitalization of approximately $113 billion, Starbucks is the world’s largest coffeehouse company committed to providing high-quality coffee, ethical sourcing, and social responsibility.

The company is ranked 5th mainly thanks its strong bullish signal in our model’s Momentum indicator.

The momentum indicator measures the speed at which a stock price changes to determine whether its price will continue to rise or fall. Momentum measures the rate at which a stock’s price changes. High positive momentum indicates a great chance that a stock’s price will continue in its upward trend.

https://finance.yahoo.com/news/why-starbucks-sbux-down-6-153110884.html

Metlife (MET) ranked 9th on our list  

MetLife, Inc. (MET) is an American multinational insurance company and financial services provider headquartered in New York City. With a market capitalization of approximately $40 billion, MET is one of the world’s largest insurance companies and serves millions of customers. MET offers a variety of products and services, including life insurance, annuities, employee benefits, and asset management.

The company is ranked 9th mainly thanks to its strong bullish signal in our model’s PTBV and CCI indicators.

CCI (Commodity Channel Index​), compares the present and historical price data to determine whether an asset is overbought or oversold.

https://finance.yahoo.com/news/investors-metlife-nyse-met-seen-110043544.html