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The fact that more than a dozen stocks were elevated to Strong Buys while about half a dozen were demoted to Strong Sells is a good sign for the market. Plus, the economy is moving along even as the price of gas rises, and money will be needed to be spent on rebuilding areas impacted by hurricane Ida.
Gap Inc (GPS), Stantec (STN), and Varex Imaging Corporation (VREX) are three of the most intriguing POWR Ratings upgrades. Below, I provide a look at each of these stocks.
