The consensus price target hints at a 42.6% upside potential for Granite Ridge Resources, Inc. (GRNT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. Granite Ridge (GRNT), Ardmore Shipping (ASC), McKesson (MCK) and Stride (LRN) are well-poised to gain.

Granite Ridge Resources, Otter Tail, Vipshop and Huron are part of the Zacks Screen of the Week article.

It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. Granite Ridge (GRNT), Otter Tail (OTTR), Vipshop (VIPS) and Huron (HURN) are well-poised to gain.

Low-beta energy stocks like Kinder Morgan (KMI), Murphy USA (MUSA) and Granite Ridge (GRNT) are worth betting on since notorious volatility is an integral part of the energy sector.

Kanzhun and Delta Air Lines are part of the Zacks Bull and Bear of the Day article.

A rise in oil prices acts as a boon for stocks like Chevron (CVX), Granite Ridge Resources (GRNT) and Viper Energy Partners (VNOM).

Granite Ridge Resources, Inc. (GRNT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Granite Ridge Resources, Inc. (GRNT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

HRTG, TIMB, JHX, INBK and GRNT have been added to the Zacks Rank #1 (Strong Buy) List on September 28, 2023.

GPI, GRNT and HRTG made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 28, 2023.

Upgrades For Telos Corp (NASDAQ:TLS), Northland Capital Markets upgraded the previous rating of Market Perform to Outperform. In the second quarter, Telos showed an EPS of $0.03, compared to $0.04 from the year-ago quarter. The current stock performance of Telos shows a 52-week-high of $11.23 and a 52-week-low of $1.53. Moreover, at the end of the last trading period, the closing price was at $1.94. According to Maxim Group, the prior rating for Cyclo Therapeutics Inc (NASDAQ:CYTH) was changed from Hold to Buy. Cyclo Therapeutics earned $0.33 in the second quarter, compared to $0.41 in the year-ago quarter. At the moment, the stock has a 52-week-high of $2.57 and a 52-week-low of $0.67. Cyclo Therapeutics closed at $1.46 at the end of the last trading period. According to DA Davidson, the prior rating for REV Group Inc (NYSE:REVG) was changed from Neutral to Buy. In the third quarter, REV Group showed an EPS of $0.35, compared to $0.24 from the year-ago quarter. The current stock performance of REV Group shows a 52-week-high of $16.36 and a 52-week-low of $9.85. Moreover, at the end of the last trading period, the closing price was at $15.17. For Horizon Technology Finance Corp (NASDAQ:HRZN), Compass Point upgraded the previous rating of Sell to Neutral. For the second quarter, Horizon Tech Finance had an EPS of $0.54, compared to year-ago quarter EPS of $0.35. At the moment, the stock has a 52-week-high of $13.45 and a 52-week-low of $9.68. Horizon Tech Finance closed at $11.38 at the end of the last trading period. For WW International Inc (NASDAQ:WW), Craig-Hallum upgraded the previous rating of Sell to Hold. In the second quarter, WW International showed an EPS of $0.04, compared to $0.40 from the year-ago quarter. At the moment, the stock has a 52-week-high of $12.38 and a 52-week-low of $3.28. WW International closed at $10.29 at the end of the last trading period. For Kosmos Energy Ltd (NYSE:KOS), B of A Securities upgraded the previous rating of Neutral to Buy. For the second quarter, Kosmos Energy had an EPS of $0.06, compared to year-ago quarter EPS of $0.28. The current stock performance of Kosmos Energy shows a 52-week-high of $8.55 and a 52-week-low of $4.64. Moreover, at the end of the last trading period, the closing price was at $7.70. For Jack Henry & Associates Inc (NASDAQ:JKHY), DA Davidson upgraded the previous rating of Neutral to Buy. In the fourth quarter, Jack Henry & Associates showed an EPS of $1.34, compared to $1.10 from the year-ago quarter. At the moment, the stock has a 52-week-high of $202.60 and a 52-week-low of $139.28. Jack Henry & Associates closed at $147.54 at the end of the last trading period. For XPO Inc (NYSE:XPO), Evercore ISI Group upgraded the previous rating of In-Line to Outperform. In the second quarter, XPO showed an EPS of $0.71, compared to $1.81 from the year-ago quarter. At the moment, the stock has a 52-week-high of $76.77 and a 52-week-low of $24.84. XPO closed at $68.04 at the end of the last trading period. According to Piper Sandler, the prior rating for Guardant Health Inc (NASDAQ:GH) was changed from Neutral to Overweight. In the second quarter, Guardant Health showed an EPS of $0.82, compared to $1.00 from the year-ago quarter. At the moment, the stock has a 52-week-high of $62.55 and a 52-week-low of $20.67. Guardant Health closed at $25.80 at the end of the last trading period. For Packaging Corp of America (NYSE:PKG), Jefferies upgraded the previous rating of Underperform to Hold. Packaging Corp of America earned $2.31 in the second quarter, compared to $3.23 in the year-ago quarter. At the moment, the stock has a 52-week-high of $158.66 and a 52-week-low of $110.59. Packaging Corp of America closed at $149.12 at the end of the last trading period. According to Jefferies, the prior rating for International Paper Co (NYSE:IP) was changed from Underperform to Hold. International Paper earned $0.59 in the second quarter, compared to $1.24 in the year-ago quarter. At the moment, the stock has a 52-week-high of $41.89 and a 52-week-low of $29.00. International Paper closed at $34.53 at the end of the last trading period. According to Morgan Stanley, the prior rating for Commerce Bancshares Inc (NASDAQ:CBSH) was changed from Underweight to Equal-Weight. In the second quarter, Commerce Bancshares showed an EPS of $1.02, compared to $0.92 from the year-ago quarter. The stock has a 52-week-high of $71.87 and a 52-week-low of $45.55. At the end of the last trading period, Commerce Bancshares closed at $46.98. For DocuSign Inc (NASDAQ:DOCU), HSBC upgraded the previous rating of Reduce to Hold. For the second quarter, DocuSign had an EPS of $0.72, compared to year-ago quarter EPS of $0.44. The stock has a 52-week-high of $69.45 and a 52-week-low of $39.59. At the end of the last trading period, DocuSign closed at $41.04. According to HSBC, the prior rating for Johnson Controls International PLC (NYSE:JCI) was changed from Hold to Buy. Johnson Controls Intl earned $1.03 in the third quarter, compared to $0.85 in the year-ago quarter. The stock has a 52-week-high of $70.43 and a 52-week-low of $48.84. At the end of the last trading period, Johnson Controls Intl closed at $54.18. For Liberty Latin America Ltd (NASDAQ:LILA), Scotiabank upgraded the previous rating of Sector Underperform to Sector Perform. In the second quarter, Liberty Latin America showed an EPS of $0.17, compared to $0.42 from the year-ago quarter. At the moment, the stock has a 52-week-high of $10.01 and a 52-week-low of $5.90. Liberty Latin America closed at $7.89 at the end of the last trading period. According to Raymond James, the prior rating for Immunovant Inc (NASDAQ:IMVT) was changed from Market Perform to Outperform. For the first quarter, Immunovant had an EPS of $0.57, compared to year-ago quarter EPS of $0.35. The current stock performance of Immunovant shows a 52-week-high of $41.72 and a 52-week-low of $4.27. Moreover, at the end of the last trading period, the closing price was at $39.96. See all analyst ratings upgrades. Downgrades For Byrna Technologies Inc (NASDAQ:BYRN), Dawson James downgraded the previous rating of Buy to Neutral. For the second quarter, Byrna Technologies had an EPS of $0.03, compared to year-ago quarter EPS of $0.05. The current stock performance of Byrna Technologies shows a 52-week-high of $10.38 and a 52-week-low of $2.60. Moreover, at the end of the last trading period, the closing price was at $2.75. According to DA Davidson, the prior rating for Wabash National Corp (NYSE:WNC) was changed from Buy to Neutral. In the second quarter, Wabash National showed an EPS of $1.54, compared to $0.46 from the year-ago quarter. At the moment, the stock has a 52-week-high of $30.10 and a 52-week-low of $15.06. Wabash National closed at $22.15 at the end of the last trading ...Full story available on Benzinga.com