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Zacks.com featured highlights include: Crown Holdings, Rockwell Automation, PerkinElmer, KeyCorp and ONEOK

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Zacks Equity Research
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For Immediate Release

Chicago, IL – January 29, 2021 – Stocks in this week’s article are Crown Holdings, Inc. CCK, Rockwell Automation, Inc. ROK, PerkinElmer, Inc. PKI, KeyCorp KEY and ONEOK Inc. OKE.

5 Attractive Sales Growth Stocks to Power Your Portfolio

Consistent growth in sales is the key to survival for any business. For any company, sales growth not only provides an insight into product demand and pricing power, it is also important for growth projections and strategic decision making.

But investors often fail to consider sales growth as a dependable metric. This could be because of investors' preconceived notion that a company's stock price is generally sensitive to its earnings momentum.

Nevertheless, it should be kept in mind that in case a company incurs a loss (albeit temporarily), it is valued on its revenues as top-line growth (or decline) is usually an indicator of a company's future earnings performance.

Further, in an improving economy, absence of sales growth indicates that the company's market share is not increasing. Hence, some sustained sales growth is necessary to support the bottom line.

Hence, Price-to-Sales (P/S) ratio can turn out to be an appropriate metric for stock valuation. The importance of the metric lies in the fact that management has limited opportunities to manipulate revenues unlike earnings.

However, a huge sales number does not necessarily convert into profits. Hence, it's more prudent to consider a company's cash position along with its sales number. Substantial cash in hand and a steady cash flow lend a company more flexibility with respect to business decisions and investments.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1253180/5-attractive-sales-growth-stocks-to-power-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

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.

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Contact: Jim Giaquinto

Company: Zacks.com

Phone: 312-265-9268

Email: pr@zacks.com

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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.


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ONEOK, Inc. (OKE) : Free Stock Analysis Report
 
PerkinElmer, Inc. (PKI) : Free Stock Analysis Report
 
Rockwell Automation, Inc. (ROK) : Free Stock Analysis Report
 
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