To celebrate Earth Day, our analysts took a look through Strategy Builder's ESG Theme for relevant stocks, then checked their Reuters Refinitiv Environmental Pillar Score and recent chart patterns in Technical Insight. Here are the top five opportunities identified...
Currently ranked 30 out of 117 stocks in theConsumer Packaged Goodssector for performance, Newell Brands Inc (NWL:NASDAQ) has an Environmental Pillar score of B-. With multiple classic chart patterns identified this month including a Double Bottom and a Continuation Wedge, there is strong evidence NWL is bullish over the short and intermediate terms.
TJX Companies Inc (TJX:NYSE) is currently ranked 31 out of 146 stocks in the Retail Cyclical sector for performance and boasts an impressive A+ Environmental Pillar score. With both a Diamond Bottom and Triple Bottom chart patterns identified this week alongside recent bearish indicators, there is weak evidence TJX will be bullish across short and intermediate terms.
Drug manufacturer Gilead Sciences Inc (GILD:NASDAQ) is currently ranked 16 out of 110 for sector performance and has a C Environmental Pillar score. A Head and Shoulders Bottom pattern was identified in Technical Insight on Wednesday, April 20th and our summary score suggests bullish events have outweighed bearish events for the short and intermediate terms.
Quest Diagnostics Inc (DGX:NYSE) is currently ranked 5 out of 72 for performance in the Medical Diagnostics & Research sector and has an Environmental Pillar score of B-. With a bullish MACD event and various bullish technical events, there is very strong bullish evidence across the short and intermediate terms.
Johnson Controls International PLC (JCI:NYSE) presently ranks 15 of 74 for performance in the Construction sector and has an impressive Environmental Pillar score of A+. With multiple bullish technical events identified this week, there is very strong bullish evidence across the short and intermediate terms.
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