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Zacks.com featured highlights include: Carlisle, Northrop Grumman, ResMed, T. Rowe Price and JetBlue Airways

Zacks Equity Research

 

For Immediate Release

Chicago, IL – July 16, 2019 - Stocks in this week’s article are Carlisle Companies Inc. CSL, Northrop Grumman Corp. NOC, ResMed Inc. RMD, T. Rowe Price Group, Inc. TROW and JetBlue Airways Corporation JBLU.

Add These 5 Stocks with Solid Sales Growth to Your Portfolio

Sales growth is a vital metric for any company, as it is an important part of growth projections and is instrumental in strategic decision making. By observing this key metric over a period of time, one can clearly understand a company’s growth trend.

Sales growth is crucial to justify the fixed and variable expenses incurred to operate a business. Low revenues lead to an unprofitable business and unimpressive financial results. Stagnant companies may generate near-term profit, however, they need to show accelerated growth to attract new investors.

Further, in an improving economy, lack of sales growth most likely indicates that the company is not gaining market share over its competitors. In simple terms, some sustained sales growth is required to support profitability.

Focusing exclusively on sales growth is not enough though. A healthy sales growth rate is certainly a positive indicator for picking good stocks, but it does not ensure profits. So, taking into consideration a company’s cash position along with its sales number can prove to be a more dependable strategy.

Strong liquidity position and steady cash flow give a company more flexibility with respect to business decisions and potential investments. Cash also enables a company to endure market downturns. Most importantly, a sufficient cash position indicates that revenues are being channelized in the right direction.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/442212/add-these-5-stocks-with-solid-sales-growth-to-your-portfolio

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine.  But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.

Strong Stocks that Should Be in the News

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.