Monthly Picks – August ’23
Monthly Picks – August ’23
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.
Netflix (NFLX) ranked 1st on our list
Netflix (NFLX) is an American media-services provider and production company headquartered in Los Gatos, California. Founded in 1997, the company’s primary business is its subscription-based streaming service, which offers online streaming of a library of films and television series. Netflix has a market capitalization of around $190 billion.
The company is ranked 1st mainly thanks to its strong bullish signal in our model’s Momentum indicator.
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 speed 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.
Disney (DIS) ranked 3rd on our list
The Walt Disney Company (DIS) is an American multinational entertainment and media enterprise headquartered in Burbank, California. Founded in 1923, the company is one of the largest media conglomerates in the world. The company operates through various segments, including Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. With a market capitalization of approximately $160 billion, Disney offers a wide range of products and services to individuals, and businesses.
The company is ranked 3rd mainly thanks to its strong bullish signal in our model’s PTBV indicator.
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 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.
Comcast Corporation (CMCSA) ranked 9th on our list
Comcast Corporation (CMCSA) is a global telecommunications conglomerate headquartered in Philadelphia, Pennsylvania. Founded in 1963 by Ralph J. Roberts, the company has become one of the world’s largest media and technology companies. Comcast has a market capitalization of around $187 billion.
The company is ranked 9th mainly thanks to its strong bullish signal in our model’s CCI indicators.
CCI (Commodity Channel Index), compares the present and historical price data to determine whether an asset is overbought or oversold.