There’s no single formula for building a successful investment portfolio. Some investors favor dividend-paying companies, others focus on high-growth opportunities or undervalued stocks, while many rely on quantitative data to guide their decisions.
TipRanks Welcomes a New ETF – NYSE:RANK
That’s where TipRanks’ Smart Score comes in. The tool analyzes a wide range of market data and evaluates every publicly traded stock against factors that have historically been associated with future outperformance. Each stock is then assigned a score from 1 to 10, with a Perfect 10 indicating the strongest overall profile based on those metrics.
This screen has turned up two stocks that don’t often make headlines but have earned Perfect 10 Smart Scores. While the spotlight tends to shine on the biggest tech names, some of the market’s most compelling opportunities can be found beyond the mega-cap stocks.
It also doesn’t hurt that both under-the-radar names not only carry a Perfect 10 Smart Score but also have the backing of Wall Street analysts. Let’s see what makes them stand out.
CECO Environmental (CECO)
We’ll start in the world of environmental and industrial technologies, where CECO develops and builds out solutions that protect people, their industrial equipment, and the overall environment around the world. The company serves transitional markets – markets that are shifting to more environmentally conscious operations – in air, water, and energy industries. CECO has two primary business segments, Engineered Systems and Industrial Process Solutions.
CECO has built a widespread network, including some 25 facilities across the US and in 8 other countries, and employs over 1,600 people. On the engineered systems side, CECO meets the large demand for environmental and equipment protection in power generation work, in fuel refineries, and in the water and wastewater segments of the midstream oil and gas markets. The company’s array of emissions management, product recovery, and water and gas separation solutions is built to the highest engineering standards.
Turning to industrial process solutions, we find that CECO’s products and services are used in an even wider range of end markets. These include such fields as industrial air pollution control, fluid handling, electric vehicle production, semiconductor manufacturing, process filtration, petrochemicals, wastewater treatment, and the desalination and aquaculture markets. Working in these fields, CECO protects our air and water while also maintaining clean and safe worksites, lowering energy consumption, and minimizing generated waste. The company also helps its customers meet regulatory requirements and compliance standards for fumes, volatile organic compounds, odors, and other toxic emissions.