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Financials and Health Care at the Forefront of Top Trending Stocks by Positive Sentiment

Jun 10, 2019

Better Data for Better Investment DecisionsBetter Data for Better Investment Decisions
Better Data for Better Investment DecisionsBetter Data for Better Investment Decisions

 

Top Russell 1000 Stocks Trending by Positive Sentiment

Name Ticker Sector Industry Primary Rating Secondary Rating
Invesco Ltd. IVZ Financials Asset Management and Custody Banks Neutral -
Virtu Financial, Inc. VIRT Financials Investment Banking and Brokerage Neutral -
Thermo Fisher Scientific Inc. TMO Health Care Life Sciences Tools and Services Attractive -
American Express Company AXP Financials Consumer Finance Top Buy -
Synovus Financial Corp. SNV Financials Regional Banks Neutral -
Accenture plc ACN Information Technology IT Consulting and Other Services - -
Honeywell International Inc. HON Industrials Industrial Conglomerates Top Buy Neutral
International Business Machines Corporation IBM Information Technology IT Consulting and Other Services Attractive Top Buy
Bio-Rad Laboratories, Inc. BIO Health Care Life Sciences Tools and Services Top Buy -
CVS Health Corporation CVS Health Care Health Care Services Neutral -

Source: Capital IQ

 

Select Highlights:

 

  • Invesco Ltd. (IVZ) is one of the largest investment managers in the world, serving retail, institutional, and high-net worth clients while also working with public entities, corporations, unions, endowments, pension funds, and more. Invesco also offers the most attractive dividend yield of 6.03% among stocks highlighted above.
  • Invesco is the top trending Russell 1000 stock by positive sentiment over the last month driven specifically by strong scores in Event Sentiment and Entity Sentiment categories.
     
  • Virtu Financial (VIRT) and its subsidiaries provide market making technology and liquidity services through its technology platform to clients across the globe.
  • Virtu Financial's overall sentiment is driven by its strong scores in Event Sentiment and Story Sentiment categories, which rank 4th and 7th among Russell 1000 stocks, respectively. This could imply that positive sentiment surrounding Virtu may have been driven by an event of some sort that resulted in positive news stories about said event.
     
  • Thermo Fisher Scientific Inc. (TMO) is the provider of analytical instruments, laboratory equipment, software, consumables, reagents, instruments, various services, and more to biological and medical research customers across the globe.
  • Thermo Fisher’s aggregate sentiment is the result of a number 7 ranking in Article Count among Russell 1000 stocks. Conversely, Thermo Fisher’s total sentiment is held back by a somewhat high score in the Entity Sentiment category.
     
  • American Express (AXP) is the global provider of charge and credit payment card products and travel-related services through its Global Consumer Services Group, Global Commercial Services, and Global Merchant & Network Services business segments.
  • American Express is one of four “Top Buy” stocks highlighted above and maintains the highest positive overall among the “Top Buy” stocks above. This makes American Express our highest conviction “Top Buy” stock highlighted in this post.
     
  • Honeywell International Inc. (HON), the operator of various technology and manufacturing services worldwide through its Aerospace, Building Technologies, and Safety and Productivity Solutions business segments, rounds out our list of top Russell 1000 stocks trending by positive sentiment over the last month.
  • Honeywell has moderately strong sentiment across all of its categories with no one specific score driving positive overall sentiment. Honeywell is another “Top Buy” stock highlighted above.
     
  • International Business Machines Corporation (IBM) is the operator of integrated technology and services worldwide through its Cognitive Solutions, Global Business Services, and Technology Services & Cloud Platforms business segments. IBM maintains the most attractive dividend yield of 4.88% among the stocks highlighted above!
  • IBM’s total sentiment is the result of a number 13 ranking in the Entity Sentiment category. IBM is also ranked “Top Buy” in our US Information Technology Global Top Stock Ideas.
     
  • CVS Health Corporation (CVS) is the operator of health services and health plans across the United States through its Pharmacy Services, Retail/LTC, and Health Care Benefits business segments.
  • Although CVS Health rounds out the list of Russell 1000 stocks trending by positive sentiment highlighted above, the US tech company actually has the best scores among its peers in the categories of Event Sentiment, Story Sentiment, and Article Count. The overall sentiment of CVS Health is simply dragged down by a 184 ranking in Entity Sentiment.

 

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Global Top Stock IdeasTOP LONG & TOP SHORT STOCK IDEAS FOR GLOBAL MARKETSMONTHLY TOP IDEAS FROM OUR MULTI-FACTOR QUANTITATIVE MODELS