TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,100 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below.
If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener:
http://www.thestreet.com/k/qr/flat/stock-screener.html
Upgrades: AIR, CIT, DAR, OFIX, YIN, ZUMZ
Downgrades: ALO, BEAT, HK, NMIH, OSTK, PM, WBA
Initiations: None
Read on to get TheStreet Quant Ratings' detailed report:
A study of analyst recommendations at the major brokerages shows that CIT Group Inc is the #31 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period.
The Federal Reserve has raised interest rates over the past two years, but the biggest Wall Street banks are holding the line on the rates they pay depositors. As a result the banks have kept the extra income for themselves, benefiting executives, employees and shareholders at the expense of retirees and other ordinary savers.
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component CIT Group Inc was identified as having a larger market cap than the smaller end of the S&P 500, for example Newfield Exploration Co , according to The Online Investor. Market capitalization is an important data point for investors to keep an eye on, for various reasons.