Zacks.com featured highlights include Corteva, Axcelis Technologies, W.W. Grainger, Tradeweb Markets and VICI Properties
For Immediate Release
Chicago, IL – January 19, 2023 – Stocks in this week’s article are Corteva CTVA, Axcelis Technologies ACLS, W.W. Grainger GWW, Tradeweb Markets TW and VICI Properties VICI.
5 Top Stocks to Buy Now for Remarkable Earnings Growth
Irrespective of whether it is a start-up or a renowned company, earnings growth is the highest priority for any organization. This is because if the company doesn't make money, it won't last over the long run.
So, what's earnings growth? Study a company's revenues over a given period of time, subtract the cost of production, and you have earnings. By the way, this is also considered the most important variable influencing the share price. But, expectations of earnings play a noteworthy role.
Earnings Estimates & Share Price Movements
Frequently, we have seen a decline in the stock price despite earnings growth and a rally in price following an earnings decline. This is largely the result of a company's earnings failing to meet market expectations.
Earnings estimates embody analysts' opinions on factors such as sales growth, product demand, competitive industry environment, profit margins and cost control. Thus, earnings estimates serve as a valuable tool while making investment decisions. Earnings estimates also help analysts assess the cash flow to determine the fair value of a firm.
Investors, thus, should be on the lookout for stocks that are ready to make a big move. Hence, investors need to buy stocks with historical earnings growth and are seeing a rise in quarterly and annual earnings estimates.
Here are the top five stocks that stand out:
Corteva provides agriculture products. The company has a Zacks Rank #2 (Buy). CTVA's expected earnings growth rate for the current year is 19.5%. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Axcelis Technologies is a leading producer of ion implantation equipment used in the fabrication of semiconductors. The company has a Zacks Rank #1. ACLS' expected earnings growth rate for the current year is 80.9%.
W.W. Grainger is a broad-line, business-to-business distributor of maintenance, repair and operating products and services. The company has a Zacks Rank #2. GWW's expected earnings growth rate for the current year is 48.3%.
Tradeweb Markets is an operator of electronic marketplaces for the trading of products across the rates, credit, money markets and equities asset classes. The company has a Zacks Rank #1. TW's expected earnings growth rate for the current year is 14.1%.
VICI Properties is a real estate investment trust. The company has a Zacks Rank #2. VICI's expected earnings growth rate for the current quarter is 13.6%.
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For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2040558/5-top-stocks-to-buy-now-for-remarkable-earnings-growth
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.
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W.W. Grainger, Inc. (GWW) : Free Stock Analysis Report
Tradeweb Markets Inc. (TW) : Free Stock Analysis Report
Axcelis Technologies, Inc. (ACLS) : Free Stock Analysis Report
VICI Properties Inc. (VICI) : Free Stock Analysis Report
Corteva, Inc. (CTVA) : Free Stock Analysis Report
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