By far one of my best screens in determining who is buying what on the street! What you will find are those stocks that, among other variables that I use, 1) Gaining an increased amount of coverage by brokerage firms and analysts, and 2) Being upgraded on a regular basis. This is a good screen to show you where the smart money is putting their capital to work at, without you having to actually ask them.
Two of the five stocks listed below are steel companies which is interesting to me considering how much of a beat down they have gotten of late. And should this stock screen prove to be right, there stands to be a huge gain to be made in US Steel Corp (X) and Steel Dynamics (STLD)
Here are 5 Stocks The Street is Buying.