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Zacks.com featured highlights include: COOP, SGC, GFF, DQ and GRBK

For Immediate Release

Chicago, IL – August 13, 2020 - Stocks in this week’s article are Mr. Cooper Group Inc. COOP, Sirius International Insurance Group Ltd. SGC, Griffon Corp. GFF, Daqo New Energy Corp. (DQ) and Green Brick Partners Inc. GRBK.

5 Stocks with Recent Price Strength to Tap the Latest Rally

After rallying for four months, following the exit from the coronavirus-induced short bear market in April, Wall Street ended the first week of August on a positive note. The market's impressive rally is not out of logic.

First, a series of economic data for the second quarter of 2020 (April to June) showed that the fundamentals of the U.S. economy were stable and the pandemic-led economic devastations were not as severe as initially feared.

Second, a few important economic data for July, which have been released so far, reflected that the economy is holding its footprint even in the face of the second wave of the coronavirus pandemic.

The stock market's impressive performance is primarily being driven by the astonishing growth of the technology sector, which compelled several economists and financial experts to call it the new safe haven. However, the situation has changed in the past month. Cyclical sectors including consumer discretionary, industrials, basic materials and financials also rallied aside from the technology stocks.

At this stage, wouldn’t it be a safer strategy to look for stocks that are winners and have the potential to gain further?

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1040179/5-stocks-with-recent-price-strength-to-tap-wall-street-rally

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Superior Uniform Group, Inc. (SGC) : Free Stock Analysis Report
 
Green Brick Partners, Inc. (GRBK) : Free Stock Analysis Report
 
Griffon Corporation (GFF) : Free Stock Analysis Report
 
MR. COOPER GROUP INC (COOP) : Free Stock Analysis Report
 
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